Indiabulls Housing Finance Ltd. Negativity intact and it is maintaining the same price extended underlying weakness on the first day of the week. No reversal signal found yet. The trend is still Bearish in 15min, 1 hour and daily timeframes.
Below 117, there might be more weakness on the cards. Can move down to 114 - 108 - 100 (immediate supports). On the higher side 131- 135 - 141 -145 are resistances.
As per current indication, for intraday: Sell below - 120.25 Stop loss - 122 Target open.
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