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Trading tips by Ajit Mishra of Religare Broking: Buy Lupin, LIC Housing Fin


Stop loss: 450
LIC Housing Finance has witnessed a fresh breakout of late, after spending nearly a month in a consolidation range. Besides, it has also surpassed the hurdle of the declining trendline on the weekly chart. All indications are in the favor of prevailing momentum to continue. Traders should not miss this opportunity and accumulate in the mentioned range.
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Disclaimer: Ajit Mishra is VP - Research at Religare Broking
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Stocks to buy: 14 stocks where MFs raised stakes by over 1% in Q3 amid selloff


Synopsis
Out of the around 800-odd companies that have reported their shareholding patterns for the December quarter so far, only 64 have seen a rise in MF holdings.
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Mutual funds sold stocks worth some Rs 71,000 crore in the third quarter of the current financial year.
NEW DELHI: Mutual funds were seen buying over 1 per cent stake in at least 14 BSE-listed firms during the December quarter, even as they sold stocks worth some Rs 71,000 crore.
Out of the around 800-odd companies that have reported their shareholding patterns for the December quarter so far, only 64 have seen a rise in MF holdings. Domestic funds sold stocks worth Rs 26,427.83 crore in December, Rs 30,760 crore in November and Rs 14,492 crore in October, Sebi’s monthly bulletin showed. ....

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