LIC Hsg Chance Buy in dips

CMP: 341.55 Tgt: 358-36The daily candlestick chart of LIC Housing Finance shows that it is correcting after abreakout above Rs.324. It has touched the support line in blue. The mechanicaloscillators are above the median line indicating that the bias is still up. High risktraders can gradually buy in declines around Rs.334-337 with a strict stoploss below Rs.324 (preferably in close) for a pullback to Rs.358-365 which ifsustained on volumes can test Rs.390 (stop 872) in the next 3-4 weeks.

* Avoid gap openings and trade in cash in small quantities.
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UTV Soft Buy for ST CMP: 794.50 Tgt: 832-848The daily candlestick chart of UTV shows that it is moving in a broad trianglepattern (though not classical) . It appears to be consolidating before a directionalmove. One can gradually buy in small quantity at Rs.788 and in declinesaround Rs.776 with a strict stop loss below Rs.759 (preferably in close) for atarget of Rs.358-365 in the coming 7-8 trading sessions. A decisive breakoutin close above Rs.852 gives a target of Rs.902-936 in the next 4-5 weeks.

* It is an anticipatory buy and trade in small quantities.

* ST - short term, MT- medium term