1) LIC Housing Finance Breakingout after a 9 month consolidation
2) Next Target 570
3) All Housing finance stocks PNBHousing, IndiaBulls Housing on a roll
4) Today's volumes highest since November 2020
5) RSI, MACD indicating very strong momentum and ADX indicating very strong trend
1) Breakout of a symmetrical triangle
2) Close to All Time High
3) Long term uptrend comfortably intact
4) Auto Ancillary stock which derives most of its revenue from Europe and America (major +ve in the current market scenario)
5) Trend very strong with ADX at 52
1) Reopening trade playing out in realty stocks such as DLF, GOdrej Prop, Oberoi etc.
2) In case of DLF, 20 Day MA has just crossed 50 Day MA
3) The long term upward trend is intact
4) If it manages to close above the short term resistance of 293, can move to last swing high of 326, implying around 12% upside.