GIC Housing Finance may give 50% returns from current levels

Technical Analysis : Based on price action data, my opinion is that GIC Housing Finance (NSE:GICHSGFIN) may give 50% profit in next 6-9 months. Here is the chart GICHSGFIN: 

GICHSGFIN
Note : I will maintain a strict stop loss of 190 to exit in case my study go wrong.

Fundamental Analysis : PE ratio of GICHSGFIN is below industry PE and book value is below 1, which is well below industry average of 2.5. Based on these parameters , stock is available at good valuation.

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