EagleVision8

IBULHSGFIN downtrending channel

NSE:IBULHSGFIN   INDIABULLS HOUSING
Short at 317-319
TGT 303/300/293

However, this pattern could also prove out to be a bull flag breakout, wherein if our stop loss is hit, a long position can be taken.
Prevailing view is to sell, but trading against the trend also gives us a chance for a massive buying rally if the 310 zone is established as DZ.
Trade closed: target reached: BIG gap down.
The whole market is bleeding

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