• Fri. Dec 1st, 2023

Housing Finance Bank

Housing Finance Bank, The Real Thing

lic housing finance: Short term sell call on a housing finance company & sideways option trade in a private bank


In January 2023, its price made a failed attempt to cross its September 2022 level. The Price was facing overhead supply from its September peak. Thereafter, it has formed lower highs and lower lows. Recently, the price has closed below its previous swing low near Rs 360, which suggests that further weakness is expected in the upcoming days.

Expert: Jyoti Budhia It is mainly engaged in financing the purchase/construction of residential flats/houses to individuals and project finance to developers, loan against property, Lease rental discounting for commercial properties as well as the purchase of commercial shops/showrooms. It is a housing finance company registered with the national housing bank. 98167662LIC Housing Finance LtdThe RSI has been losing momentum and has breached

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