TradingView
Amit_Ghosh
May 4, 2019 3:23 PM

[Election Bet] Indiabulls Housing Value Shifting Long

INDIABULLS HOUSINGNSE

Description

Updating the rationale of in.tradingview.com/chart/IBULHSGFIN/C7hrOG3u-Basket-Buy-Indiabulls-10-allocation/. Now seeing the delivery it looks like a very very good trade.

Will not keep any stop-loss unless the entire zone breaks down.
Will update the trade when needed.


Comment

1. The stock is currently in a downtrend and looks like forming a swing low in D.
2. The stock is in the lower channel of a sideways trend in W.
3. 700 is definitive OI support for May.
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