Channel formation!!

IndiaBulls is showing strength for last 4 days and has gained more than 20% in this period. We can see a false-breakout from this channel as market was very volatile last week and was having bearish sentiment because of this stock moved out from the channel. But now stock has re-entered in the channel and can show a upside move to 200+ as the short term trend of nifty is bullish .


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