LIC - Exception Trade
With LIC getting a 10 year exception on not having to sell promoter stake, this takes away a major overhang on the stock...
No there is no pressure on the govt to have to sell its shares quickly.
Long at current price with SL below 745.
Would double up the allocaiton above 800..
Note: This is a news based trade and the stock has already moved up significantly so be a little cautious on allocation.
No there is no pressure on the govt to have to sell its shares quickly.
Long at current price with SL below 745.
Would double up the allocaiton above 800..
Note: This is a news based trade and the stock has already moved up significantly so be a little cautious on allocation.
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