Hold GIC Housing Finance: Devang Visaria

ET Now spoke to Devang Visaria, Chief Strategist, for a technical check on GIC Housing Finance.

Your thoughts on GIC Housing Finance?

It is a very strong chart and any corrections that you might get into this one like the last one you got from levels of 127, it corrected to around 113 in the month of July.

You need to buy those corrections in this one because that is the right time. Right now, it has rallied from 113 to 140, so slightly overbought on the charts. Possibly wait for a correction back to 125-130 range, that would be a good rate to accumulate this stock. On the upside, 165-170 looks like a good target for this stock.