NSE:IBULHSGFIN INDIABULLS HOUSING
The stock tested highs at 1425 in the early part of 2018 and since then has been under corrective consolidation. The stock formed a base around its multi month pattern of 1190-1220 which falls within close vicinity of the 200-DMA . After pulling back, stock attempted a breakout while closing above its upper . However, it saw a temporary pullback inside the band but looks to move up again. Daily is in continuing buy mode. Weekly has shown a fresh positive crossover and it is now while trading above its signal line. Weekly remains in continuing buy mode.