July 27, 2011 / 08:39 IST
Short LIC Housing, says Abhijit Paul, Technical Analyst of Brics Securities.
Paul told CNBC-TV18, "LIC is trading within a 3-week range and there is some evidence sign of supply. Use a break of Rs 210 to initiate a short trade. Rs 222 should be the stoploss and on the downside target should be in the range of Rs 198 and then 190."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!