Anyone thinking about going Long LIC Housing please have a look at this. I maybe be wrong but this a recent example and I was thinking about bottom fishing at that time with Aban offshore. I am making a small comparison between the two companies although not related but similar in price action. The sell was triggered way before the news came out a few days back the news was building up.
I sense we will close around 700 levels on LIC and that would be the time to
accumulate.
Following are the charts analyse yourself:
ABAN
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