ShreeKrishna

Long ( Long way to move up )

Long
ShreeKrishna Updated   
NSE:IBULHSGFIN   INDIABULLS HOUSING
Whats special about commodity backed scrip are they tend to move some time like a Commodity price movement , Yes they have a tendency of moving in side way range

Because commodity are not an apprising products to move on year on year appraisal ,

This scrip although it is a finance product for housing projects , but visual representation show its moving in the nature of commodity price movement

I am looking this could move up back all the way up to 1440 , you may find some bonus in between ,
One can look for investing for long term position only , and look to make money 5 fold form today investments
Comment:
I guess We are already in profit of 12 % so far form 205 to 237
Comment:
i hope you people have enjoyed from 205 to 351 , we actually booked at 340 as our trailing stop hit
so we made from 205 to 340 a gain of 135 points in Futures lot size 800 ,

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.