On daily and weekly charts, the stock has formed a promising uptrend continuation formation which indicates a continuation of the uptrend soon. For the trend following traders, Rs 990 and Rs 975 would be the key support zone. If the stock is trading above the same, the uptrend wave is likely to continue. Above this, it could move up to Rs 1060.
LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?
LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentum after