Short LIC Housing Finance, says Shardul Kulkarni

Short LIC Housing Finance, says Shardul Kulkarni of Angel Broking.

Kulkarni told CNBC-TV18, "We are looking for selling in case of LIC Housing Finance. We see that this particular counter has given you a breakdown just half an before this show has started and I would expect the targets of Rs 190 to Rs 195 in case of LIC Housing Finance. So we suggest that you go short on the August futures with a stop loss of Rs 214 on the upside, you place a target around Rs 196 levels."
He further added, "We see that Biocon again has given us a fresh breakdown in today