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Equity Buy/Sell (Technical View)
Ø We would also like to touch upon two scrips covered by us :
o LIC Housing Fin. : A phenomenal 20% correction with the scrip piercing various support levels to touch 1030. The scrip, most probably is in the last phase of correction. It has supports at 980 and 825. Investors could buy larger quantities around the support levels indicated. We would also advise buying around the current levels.
o Canara Bank : Intra day, there was a very steep decline and a small rebound. The scrip is an attractive investment opportunity around 670 and atleast some investments around this level can be considered.
Have Strict Stop Loss
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