Is it a good time to buy LIC Housing Finance? What is the outlook?
Rahamath M, Coimbatore
LIC Housing Finance (₹525): The stock is in a strong downtrend since July 2024. However, strong long-term supports are at ₹470, ₹430 and ₹400. A fall below ₹400 is unlikely. The price action over the last few months indicate that the fall is losing momentum. From a long-term perspective, there are good chances to see a fresh rally to ₹800-830 over the next one-two years.
If you are a long-term investor, then you can buy now and accumulate at ₹480 and ₹430. Keep the stop-loss at ₹360. Trail the stop-loss up to ₹580 as soon as the stock goes up to ₹640. Revise the stop-loss higher to ₹660 and ₹740 when the price touches ₹730 and ₹790 respectively. Exit the stock at ₹810.
I have bought shares of Samvardhana Motherson International at ₹130. What is the outlook?
Beno James, Kottayam
Samvardhana Motherson International (₹129): The trend is up and the stock is consolidating within that. Immediate support is at ₹127 and then in the ₹123-120 region. A dip to test these supports in the short term cannot be ruled out. However, a fall below ₹120 is less likely now. Deeper support is around ₹105. The big picture is bullish. Samvardhana Motherson International share price has potential to target ₹160-170 in the coming months.
You can hold the stock and even buy more at ₹128. Keep the stop-loss at ₹104. Revise the stop-loss higher to ₹136 as soon as the stock goes up to ₹143. Move the stop-loss further up to ₹141 and ₹152 when the price touches ₹148 and ₹156 respectively. Exit the stock at ₹163.
I have shares of Caplin Point Laboratories. My purchase price is ₹1,780. Should I continue to hold or exit?
Jaanvi, Surat
Caplin Point Laboratories (₹1,691): The trend is down. There is no sign of a bullish trend reversal. There is room for further fall to ₹1,600-1,580. Cluster of resistances are in the broad ₹1,800-₹1,900 region. The stock has to break ₹1,900 and get a subsequent rise above ₹2,000 in order to get some relief. That in turn can take the share price up to ₹2,200.
Ideally, the stock has to rise past ₹2,200 to be bullish. Only then the upside will open up for a fresh rally to ₹2,400-₹2,600. Such a rise looks less likely. You have to exit this stock now and accept the loss. Alternatively, you can consider reinvesting the sale proceeds in Samvardhana Motherson International explained in the previous query. Follow the same strategy.
I have bought Gujarat State Fertilizers & Chemicals (GSFC) shares at ₹194. What is the short-term outlook?
V Natarajan
GSFC (₹172): The stock has been in a downtrend since February 2024. A crucial support is around ₹163. Below that, ₹140-₹138 is the next important support zone. Resistance is in the ₹200-₹210 region. A strong break above ₹210 is needed to take the stock up to ₹240-245. That will give an early sign of a bullish trend reversal.
For now, on the chart, the view is not very clear. We will have to wait for a breakout on either side of ₹163 or ₹210. As there is no clarity of the immediate move from here, we suggest you exit the stock and accept the loss. You can consider re-entering the stock again either after a rise above ₹210 or on a fall around ₹140, whichever happens first.
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Published on February 21, 2026
