The short -term perspective is optimistic for Lic Housing Finance. The action has increased around 7 percent so far this week. This increase has tasks of the price of the action well above ₹ 577, a key resistance. The 21-day mobile (DMA) has crossed 55-DMA. This strengthens the upward case. It also indicates that the disadvantage could be limited, and the new buyers can enter the market at lower levels. The support is in the wide region of ₹ 577-570. The price of Lic Housing Finance shares can increase to ₹ 630 in the coming weeks. Merchants can spend a lot of time to ₹ 594. Accumulate in the falls to ₹ 580. Keep the stop -los in ₹ 562 initial. Sire the stop-loss to ₹ 602 as soon as the action rises to ₹ 610. Move the fougen stop-loss to ₹ 615 when the price touches ₹ 622. It comes out of long positions to ₹ 630.
(Note: Recommendations are based on technical analysis. There is a risk of loss in trade).
Posted on April 17, 2025