Thursday, June 16, 2011

Lic Housing Finance

Lic housing is showing strength since last month and after a move from 220 to 237 the stock has corrected till 221-222 and is now again moving up,So if the stock moves and holds above 227 which is a break out level of the Flag formation then one can go long on it with a stop of 220 on closing basis for a target of 242-244.

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