LIC Housing Finance may test Rs 450-460: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "LIC Housing Finance has already broken out from that narrow range. There was a sharp correction, a range and a breakout again. It is probably likely to go and challenge its earlier highs. So, Rs 450-460 is a very reasonable target. It is not a day trading target; it won’t come on your screen but for anyone carrying a position that is likely. It has been an outperformer and will remain so."

At 09:33 hrs LIC Housing Finance was quoting at Rs 437.50, up Rs 5.75, or 1.33 percent.Disclosure: Analyst and his family I do not have positions in the above stock.