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Stock Radar: LIC Housing Finance on verge of breakout from inverted Head & Shoulder pattern; time to buy?
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LIC Housing Finance, a prominent player in its segment, gave a breakout from a downward-sloping trendline on the daily charts, and is on the verge of a breakout from an inverse Head & Shoulder pattern on a weekly time frame.Short-term traders can look to buy the stock for a possible target of Rs 455 in 2 months, suggest experts.The stock hit a 52-week high of Rs 443 on September 15, 2022, but failed to hold on to the momentum.
It bounced back
. Read more on economictimes.indiatimes.comAbout this in other media
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