HomeNewsBusinessStocksBuy LIC Housing Finance, Arvind: Meghana Malkan

Buy LIC Housing Finance, Arvind: Meghana Malkan

Meghana Malkan of malkansview.com recommends buying LIC Housing Finance and Arvind.

February 12, 2015 / 16:14 IST
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Meghana Malkan of malkansview.com told CNBC-TV18, "One can buy LIC Housing Finance. The stock has found a positive reversal on RSI weekly charts. It is forming a bullish candle pattern on daily charts. I would therefore go long on LIC with the stoploss of Rs 460 for targets of Rs 490 and Rs 498."

"One can buy Arvind. Arvind had been consolidating from the past few trading sessions. It is now moving out of the consolidation with higher tops higher bottoms in daily charts. Hence a buy call with a stoploss of Rs 307 for targets of Rs 323 and Rs 328," he added.

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first published: Feb 12, 2015 03:21 pm

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