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xclusiv_abhi
Jul 20, 2017 5:12 PM

Indiabulls Real Estate - Channel Breakout Long

INDIABULLS REAL ESTNSE

Description

After much consolidation, the channel has again broke out on the upside. Can be bought with a tgt of around 230. SL 205

Trade closed: target reached

Target Reached. Will review the stock later.
Comments
dhirajsabharwal28
The doji candle which is in ur graphbwas that day. But that was wick of candle and it closed in channel. Now the closing was outside the channel. Can we plot VWAP for better prediction of accumulation here. What do you suggest. Do not want to miss the bua this time. Earlier did. And this is still in FNO ban. Inspire of that why their is high price action.
dhirajsabharwal28
Air can it retest the channel. Although very conservative thinking but yeah last time it went till 225 and came back to channel.
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