LIC Housing Finance holds ₹555 support zone!!

LIC Housing Finance holds ₹555 support zone LIC Housing Finance Limited (NSE: LICHSGFIN) was around ₹564.15 on September 29 after approaching an important support confluence formed by its 200-day DEMA and the 61.8% Fibonacci retracement level. Why it matters The technical setup identifies the ₹565-555 area as the potential entry zone. The stock is showing hidden and regular bullish divergences on the RSI, indicating improving momentum despite the recent price correction. The published setup gives ₹630 as the analyst target and ₹525 as the stop-loss. These are analyst-published levels, not my independent price prediction. My view The ₹555-565 zone is the key area to watch. The bullish divergence becomes more relevant if the stock holds this support confluence and starts forming higher lows. What I am watching ₹555 is the lower end of the published entry zone. ₹525 is the published risk-control level, while ₹630 is the analyst-published target.