LIC HOUSING FINANCE SUPERB FUNDAMENTALS PARAGON PATTERN

The stock has been forming a rounding bottom pattern on the daily timeframe and gave a breakout from 572 levels which was the first resistance and now the stock is compelled towards new endeavours of 794 majorly the 1st target after which stock can enter into exhaustion phase or give a breakout , if the stock rebound from 794 it would begin the process for making a handle and further bearish momentum would prevail so it would be apt to sell it in that scenario and wait for formation of handle

however in the other case the stock can break 794 and reach 1376 in no time

the stock has absolute amazzzzzing fundamentals and are quite reliable the management and assiduous and determined also the sales and FII holdings have growing like never before in recent years