Thanks for the chart, Paramjit Ji. Knowing the fact that stock was in downtrend testing 195 from 220 levels post its result day, and now going back again to 215... where do we see IB Real Estate going? CMP is 215, would it be a fine bet to add this at CMP? The P/E and EPS appears intriguing. Please share your thoughts on the same. Thanks!
@sahilmathur, technically, at cmp the risk reward is not in favor. in daily and weekly it is in a trading range, and it pays to buy at support and sell at resistance in a range, once it clearly breaks out of the descending channel(trading range), it ll continue its long term trend, so it ll be a good buy after the breakout