IBULHSGFIN:: Need To Patience For Right Buy Entry
Currently this stock broke Channel Up and following channel down try to hit support, might be support 1 then reverse back instead support zone then reverse back.
Now we have a minor correction to 1070 with maximum 835-770 due to fundamental, once we get good fundamental it will rise and try to make a new higher high. So we need to patience for Right Buy Entry Price.
The chart looks good, it's good for dividend earner. We can also also accumulate at Support Zone or maximum down level.
Time duration 1 yr or more, Levels are:
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
1339 1378 1443 1507 1546 1610 1714 1778 1842 1882
S1 S2 S3 S4 S5 S6 S7 S8
1211 1171 1107 1043 1003 939 835 771
Cheers!
Now we have a minor correction to 1070 with maximum 835-770 due to fundamental, once we get good fundamental it will rise and try to make a new higher high. So we need to patience for Right Buy Entry Price.
The chart looks good, it's good for dividend earner. We can also also accumulate at Support Zone or maximum down level.
Time duration 1 yr or more, Levels are:
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
1339 1378 1443 1507 1546 1610 1714 1778 1842 1882
S1 S2 S3 S4 S5 S6 S7 S8
1211 1171 1107 1043 1003 939 835 771
Cheers!
Trade closed manually