SupraTraders

IBulHsgFin Rounding Bottom formation

Long
SupraTraders Updated   
NSE:IBULHSGFIN   INDIABULLS HOUSING
Stock is making a rounding bottom formation and can test the resistance of 288-290 first with SL at 268 and if any profit booking or retracement happens there, a cup and handle can form too so 275 will be the trailing SL then. 300-320 will be further targets if we see cup and handle formation.
Trade closed: stop reached

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