DISC: For educational purposes only.
LIC Housing Finance is clearly forming a h & s pattern on the daily chart, which is a bearish pattern unlike inverted one ...
The price will rise in the near term, but once the price rises in the near term to 460 levels, the H & S pattern will prevail and price will be under pressure.
Furthermore, using wave model, it's highly probable that the on-going correction is not yet over.
That's my ten cents worth observation, only time will prove it one way or other.