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amankavi
May 16, 2018 11:43 AM

IBRealestate - Positional reversal  Long

INDIABULLS REAL ESTNSE

Description

Scrip can see strong continuation uptrend owning to Marubozu candlestick - extremely bullish candle. The candle can lead to a continuation of the current uptrend or start of a bullish reversal. Upon confirmation after breakout from falling wedge pattern with surge in volume, One can aim for T1 and resistance (C)

Board to consider buyback proposal which remains important factor in volume surge today :

moneycontrol.com/news/business/stocks/indiabulls-real-estate-rallies-7-as-board-to-consider-share-buyback-proposal-2569509.html

Rest in chart
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