I am strong advocate of delivery
based buying instead of playing with F&O fire. My analysis is for retail
investors. Lic Housing Finance share is on fire these days and it is expected
that post the recovery of economy, Lic Housing Finance will do very good. At
current level of INR 551, I will not recommend investor to buy it but should
keep the company price in their radar. The price movement for the last 30 days
indicate that Lic Housing Finance already made the solid support around INR
490. Investor should accumulate the share during sell off with the investment
duration of minimum 3 years.
Lic Housing Finance will gain alot from affordable housing scheme to revival of real estate sector. In just
concluded quarter their c a bit but it is not at alarming state and
am confident the safe playing management will be able to reduce it in coming
quarters.
Disclaimer - Consult your
Financial advisor before investing
0 comments:
Post a Comment