Stockupy

IBREALEST | Weekly | Triangle breakout | 50%+ potential

Long
NSE:IBREALEST   INDIABULLS REAL EST
CMP- 143
SL- 119 (closing)
Target- 200, 250
15/7/21

-Ascending triangle breakout
- Resistance zone and trendline is broken with huge volume surge (good delivery volume)
- Above all EMA on D, weekly EMA crossing over
- Parameters positive
- Delivery VOL needs to pick up more on retracement to the support zone now

View negated if closes below 119 W basis.

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