Ravi_VP
Short

IBULHSGFIN: Be cautious. Details in chart

NSE:IBULHSGFIN   INDIABULLS HOUSING
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Wave iv of wave ( iii ) of of C of (A) is retraced 38.2% of wave iii .
More downside pending -( may not go below the previous low.)
If uptrend continues and price closes above 422 the labelling is incorrect.
Do your own analysis and trade cautiously.
Very volatile , large funds buying. looks like court verdict is ALREADY out.
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Ravi_VP nixonfern
@nixonfern, Reversal should happen. Out may happen atleast at 50% retracement level. And die to the favourable conditions downside may be limited, but with the schematic structure.
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