srikartiram

IBULHSGFIN | Mini flag breakout - Looks good for 20%

Long
NSE:IBULHSGFIN   INDIABULLS HOUSING
IBULHSGFIN | Mini flag breakout - Looks good for 20%

CMP : 186 (Can buy in dip upto 175)
SL : 170
Target : 228

Almost 1:6 risk reward now, if we get dip it will become 1:9 risk reward but lets not day dream :D

P.S : We recently analyzed and traded in a similar pattern on GODREJIND stock that worked like a charm.
Trade closed: target reached

Comments

is this safe?
in all time nifty high situation🤔
+2 Reply
srikartiram ShivasheeshDubey
@ShivasheeshDubey, I'm just a technical analyst, enter where the risk is low. It has momentum now.
+3 Reply
ShivasheeshDubey ShivasheeshDubey
Reply
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