The short-term outlook is bully for lic housing finance. The stock has surgged about 7 per cent so far this week. This Rise has taken the share price well Above ₹ 577 – A Key Resistance. The 21-day moving average (DMA) has crossed over the 55-dma. This strengthens the bulish case. It also indicates that the downside could be limited, and fresh boyers can come into the market at Lower Levels. Support is in the broad ₹ 577-570 region. Lic Housing Finance Share Price Can Rise to ₹ 630 in the Coming Weeks. Traders can go long now ₹ 594. Accumulate on Dips at ₹ 580. Keep the stop-level ₹ 562 initially. Trail the stop-level ₹ 602 as soon as the stock goes up to ₹ 610. Move the stop-Loss Further up to ₹ 615 when the price touches ₹ 622. Exit the long positions at ₹ 630.
(Note: the recommendations are based on technical analysis. There is a risk of loss in trading.)
Published on April 17, 2025