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Long

INDIABULLS HOUSING FINANCE

By AVINASH_ISB
Updated
HOURLY CHART:- INDIABULLS HOUSING FINANCE gave a breakout on hourly chart with a well known inverse H&S pattern. Expecting a tgt of 150 in coming 5-7 days. Pattern stands invalid below 108. Risk to Reward is not favorable for new longs as SL is quite far but people who are already in trade can trail their profits.
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Pls watch retest level of inverse H&S breakout @121.
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Moving as expected.
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Taking time but still one can continue as it is in the range consolidation.
Trade closed: target reached
Took time as stock goes in ban always but never hit SL.
Chart PatternsHead and ShouldersindiabullhousinglongindiabullsindiabullshousingfinanceTrend Analysis
AVINASH_ISB
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