akashbothra

Indiabulls Housing Breakout?

Long
NSE:IBULHSGFIN   INDIABULLS HOUSING
Indiabulls Housing is on the verge of breaking out above it's previous high of Rs .880. If it successfully breaks out then it can move up to Rs .1080-1090 in a few days. One can buy this stock around Rs .885 with a stop at Rs .830. Nifty is jittery around it's old highs and is at a PE of more than 29 so trade cautiously. Happy Trading :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.