RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LICHSGFIN.NS
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LIC Housing Finance Limited stock upgraded from Sell Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The LIC Housing Finance Limited stock price gained 3.31% on the last trading day (Thursday, 28th Mar 2024), rising from ₹591.40 to ₹610.95. During the last trading day the stock fluctuated 3.84% from a day low at ₹591.80 to a day high of ₹614.50. The price has fallen in 6 of the last 10 days but is still up by 3.47% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately ₹1.83 billion.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.62% during the next 3 months and, with a 90% probability hold a price between ₹623.93 and ₹735.79 at the end of this 3-month period.

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LICHSGFIN.NS Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 7.17%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The LIC Housing Finance Limited stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₹624.84. On a fall, the stock will find some support from the short-term average at ₹588.96. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for LIC Housing Finance Limited stock

LIC Housing Finance Limited finds support from accumulated volume at ₹600.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹22.70 between high and low, or 3.84%. For the last week, the stock has had daily average volatility of 2.37%.

Our recommended stop-loss: ₹585.05 (-4.24%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (LICHSGFIN.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect LIC Housing Finance Limited to open at ₹605.75, and during the day (based on 14 day Average True Range), to move between ₹594.06 and ₹627.84, which gives a possible trading interval of +/-₹16.89 (+/-2.76%) up or down from last closing price. If LIC Housing Finance Limited takes out the full calculated possible swing range there will be an estimated 5.53% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹617.35 (1.05%) than the support at ₹600.00 (1.79%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is LIC Housing Finance Limited stock A Buy?

LIC Housing Finance Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.552 Hold/Accumulate Upgraded

Predicted Opening Price for LIC Housing Finance Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹605.75 ( 0.85%) ₹610.95

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LICHSGFIN.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 628.45 2.86 %
R2 619.78 1.45 %
R1 614.42 0.568 %
Current price: 610.95
Support S1 597.08 -2.27 %
S2 591.72 -3.15 %
S3 583.05 -4.57 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 629.65 3.06 %
R2 625.60 2.40 %
R1 617.35 1.05 %
Current price 610.95
Support S1 600.00 -1.79%
S2 583.95 -4.42%
S3 563.05 -7.84%

LICHSGFIN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 20, 2022 Sep 20, 2022 Sep 20, 2022 ₹8.50 2.00%
2 Sep 19, 2022 Sep 19, 2022 Sep 19, 2022 ₹8.50 2.06%
3 Sep 16, 2021 Sep 16, 2021 Sep 16, 2021 ₹8.50 2.04%
4 Sep 17, 2020 Sep 17, 2020 Sep 17, 2020 ₹8.00 2.61%
5 Aug 16, 2019 Aug 16, 2019 Aug 16, 2019 ₹7.60 1.58%

FAQ

What is the symbol for LIC Housing Finance Limited Stock and on which exchange is it traded?
The symbol for LIC Housing Finance Limited is LICHSGFIN.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell LIC Housing Finance Limited Stock?
LIC Housing Finance Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy LIC Housing Finance Limited Stock?
LIC Housing Finance Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy LIC Housing Finance Limited Stock.

What's the current price of LIC Housing Finance Limited Stock?
As of the end of day on the 2024-03-28, the price of an LIC Housing Finance Limited (LICHSGFIN.NS) share was ₹610.95.

What is the 52-week high and low for LIC Housing Finance Limited Stock?
The 52-week high for LIC Housing Finance Limited Stock is ₹671.95 and the 52-week low is ₹316.40.

What is the market capitalization of LIC Housing Finance Limited Stock?
As of the 2024-03-28, the market capitalization of LIC Housing Finance Limited is 336.061B.

When is the next earnings date for LIC Housing Finance Limited?
The upcoming earnings date for LIC Housing Finance Limited is May 14, 2024.
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About LIC Housing Finance Limited

LIC Housing Finance Limited LIC Housing Finance Limited, a housing finance company, provides loans for the purchase, construction, repair, and renovation of houses/buildings in India. It offers deposits; home loans to residents and non-residents, as well as to pensioners; construction finance and term loans for builders/developers; and loans for staff quarters and other lines of credit for corporates. The company also provides loans against properties for companies and indi... LICHSGFIN.NS Profile

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