Scrip is at Rs 375 going strong, Elliott Wave 3 in progress which should take it upto 420 or so before correcting in Wave 4. Volumes are good and going above average consistently. Fundamentally company is doing well. It is the only Insurance scrip available and it is just next to LICI in sale volumes, growth and goodwill. Warren Buffet has stated that profits from a good Insurance company can be mind boggling. Just go for it and keep it for long term.
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