xclusiv_abhi
Short

Indiabulls Realty - Go Short

NSE:IBREALEST   INDIABULL REAL EST
59 2 0
Huge short built up today. There had been divergences earlier also but today's move looks like a near term top is formed and price may head to 180 levels. Sell around 200-202 will SL 207 (SL policy to be maintained in price action is for over 30-60mins).
Trade active: Hope one could go short around 202-203 levels. Stock has cracked to 197 levels and is expected to continue remain weak.

Pls note that in this market rally, most of the realty stock remained subdued. Sign of a -ve trend.
Time frame?? a day or two mayb??
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xclusiv_abhi Utkarshchothani
@Utkarshchothani, One week
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