LIC Housing Finance @ consolidation stage

LIC Housing Finance currently in consolidation phase with an upside breakout possible. Need to watch out for volumes. Fundamentally good value buy. Currently 325. Target 475 in short-medium term possible.


I don't think it can break... Trend is so positive no doubt but it is as hell as bearish under 1 month & 1 year... I don't think weekly up trend can over take monthly & yearly downwards statics.

More than that I think up trend is nothing much just a consolidation structure...

Let's see what happens.
akshaybothra rajveerfxa
@rajveerfxa, some momentum is being built up. Had touched 360 already. Let's see.
rajveerfxa akshaybothra
@akshaybothra, I see, Today 9th dec he form a flag pattern after breaking 1week bearish trend. Now flag pattern confirms its going to rocket! 410 rs to face (1year bearish trend) It's very wierd 1 storng B.trend going to mess with 2 long term Bearish trend! I thing it's the effect of V recovery of Indian Economy.
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