Jnaneshsd

INDIABULLHSGFIN DETAILED FIBONACCI ANALYSIS

Short
Jnaneshsd Updated   
BSE:IBULHSGFIN   INDIABULLS HOUSING FINANCE LTD
3
IBULLHSGFIN as recorded lowest low 177.50 on 19.09.13 and slowly price started recovering started making higher highs recorded fresh high 805 on 06.08.15 & moved to sideways slowly had a sharp correction & price halted @ 61% and recorded low of 558. From there price manged to trade on higher highs recently price made high 1189 near 161% of Fibonacci. Currently Price traded near rising trend line with RSI Oscillator sharp Divergence. Now price is looking for correction where traders can en-cash by shorting fut IBULHSGFIN.

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I had shared my perception on my technical awareness and i post it for educational purpose only before investing or trading please do your own research & trade with Risk management strategy.
Comment:
IBULHSGFIN FROM OUR SELL LEVELS ITS ALREADY 65 RUPEES DOWN MORE 5 % ROI STILL HOLDING!!
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