ALSO READLIC Housing: Change in loan mix, but not alarming yet Housing finance shares rally; LIC Housing, Indiabulls Housing hit new highs Technical calls from MOSL: Sell LIC Housing Finance, buy ICICI Bank PNB Housing hits new high; stock zooms 100% against IPO price Support for Nifty is seen at 9800, resistance at 9900: Prabhudas Lilladher
Stop loss - Rs 665
Target - Rs 695
1. On the last day of August expiry, we have seen aggressive long build up in the LIC housing September Futures with rise in Volumes
2. Stock price has given breakout on the daily chart today where it managed to close above the crucial resistance level of 670-671.
3. Momentum Indicators and oscillators are Indicating strength in the stock.
4. NBFC as a sector doing well.
Disclaimer: The analyst may have positions in any or all the stocks mentioned above.