Hold LIC Housing Finance, says Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I am bullish on LIC Housing Finance. I would talk of a range of Rs 460 to Rs 520. However, having said that, I can’t say whether that will happen in a month; you should at least give it three months in terms of short-term. However, I would hold on with a stoploss a little below Rs 460, say Rs 458 or so. I would look at an Rs 515-520 target which should come in; can’t say whether it will come in a month, it might come in the next two to three months."At 15:01 hrs LIC Housing Finance was quoting at Rs 483.50, up Rs 2.70, or 0.56 percent.