INDIABULLS REAL ESTATE --- POSITIONAL PICK - 2022

Jan 7, 2022

indiabulls real estate select as positional Pick due to bullish sign in chart. ! stock at consolidation last dew days.. triangle pattern breakout as well as consolidation breakout seen on chart ! bullish candle confirmation seen today's closing. stock can follow the uptrend from here to 10-20% upside movement can be seen next 8-10 trading sessions.

>> Triangle Breakout
>> Consolidation Breakout
>> RSI AT mid range.
>> MACD bullish.
>> moving avg crossover 20, 50 SMA

BUY INDIABULLS REAL ESTATE @ CMP@166

TARGET 175-180-185

STOP LOSS 155


** Please do your own study and analysis this idea can help you for same. !
** for or against view about this idea welcome. !!


WISH YOU HAPPY TRADING. !!

Jan 9, 2022

Note

Back test - Successful Trades. ( LAST 2 MONTH )

1. VODAFONE IDEA - Long -- BUY @ 10 - high 16.75 -- 65% Profit (2 month)
2. GMR INFRA - Long - BUY @ 39 high 49.25 - 30% Profit ( 2 month)
3. ZEE LEARN - Positional - BUY @ 15.35 high 20.15 - 30 % profit ( 10 days )
4. ALOK INDUSTRIES - Positional - Buy @ 23.10 high 27.50 - 15% profit (15 days )
5. IFCI - Positional - Buy @ 15.70 - high 17.90 - 10% ( 8 days )
6. Devyani international - BUY @171 -High 190+ -12% ( 8 days )
7. Bajaj Electrical - long - BUY @ 1124 - High 1380 ( 10%+) profit
8. TCS 15% Profit.

Jan 9, 2022

Note

Total trades - 15 .. SUCCESSFUL TRADES - 10 , ACTIVE TRADES 3 - LOSS TRADE 1.
Total % of successful trades : 90%

Jan 11, 2022

Note

INDIABULLS REAL ESTATE 1ST TARGET 175 - HIT --11/01/2022

HAPPY TRADING.!

Jan 11, 2022

Trade active

Jan 11, 2022

Note

169.50 IS 200 SMA support 15 min chart. ! bounce back from that level.

Jan 13, 2022

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at 178 level double top seen on chart ..so stock corrected from that level .!

Jan 13, 2022

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it went to 178 level 2 times there found double top rejection so corrected from that level now stock will again retest 178 once broken yhat level above 182 is level resistance. 169 is strong support downside. !

Jan 13, 2022

Note

EDUCATIONAL Tip :
Double Bottom : When stock corrected from high level its try to find support level at bottom before bounce back, once bounce back happens either it goes to earlier high or or earlier support at low, if it went to earlier low then this level retested if this support level does not broken and stock bounce again second time this is called as double bottom formation. double bottom technical BUY level and positive for stock uptrend short term.

Double Top : Exactly reverse to double bottom here stock make high and this high point retested second time but get rejection to go further and corrected from that level then this is called as double top formation. double top is technical SELL level and short term downtrend.

Jan 19, 2022

Note

Double bottom formation seen on hourly chart today. !! at 160 level stock seems bottom out lets see. !

Jan 27, 2022

Note

Q3 RESULT NEGATIVE...badly hammer the stock .. FUNDAMENTAL has to improve then only stock seen previous rally ...come out and invest good fundamental stock .!1