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."
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