(Short Term Stock Futures)
Jan 11, 2017
LICHSGFIN (Till January Expiry)
528 - 530
LICHSGFIN corrected from Rs. 560 levels with huge short formation. However, we saw some
short covering due to which this counter bounced from Rs. 519 levels and today we are also
witnessing fresh long formation. Thus, we expect this stock to rise further due to covering of
shorts formed earlier. Traders are suggested to form longs between 528-530 levels for the target
of Rs. 556.
Sneha Uttam Seth
022-3935 7600 Extn: 6824
710 - 715
Research Team Tel: 022 - 39357800
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