Prem_Agrawal
Short

SHORT IBULHSGFIN

NSE:IBULHSGFIN   INDIABULLS HOUSING
Go Short on NSE:IBULHSGFIN as MACD is forming a Curve and is about to give a crossover
Also, Weekly Charts are showing a higher possibility of a breakdown
And Parabolic SAR has also turned Bearish
RSI has fallen from overbought region to 50 zones which shows that it still can go till oversold zone
Few Days before a Bearish Candle's Body Engulfed its prior Candle's body which is not a complete Bearish Engulfing candle but it shows the high sentiment of Bears
Bollinger Band is Contracting but that Contraction is a little bit slower so the fall would be profitable if caught properly.

Happy Trading......
Dec 10
Trade active: SL AT RS 270
TARGET AT RS 260
NET PROFIT 2.75
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out