INDIABULLS REAL ESTATE LTDTechnicals:
Pattern breakout entry.
targets - 145 & 192.
Long term targets - 428.
Positives -
Rakesh Jhunjhunwala's RARE enterprises bought 50lakh shares.
Ibrealestate
India Bull Real Est : Flag ready to unfurl ?Those who have not read our first report on IBREALEST, please read report appended below. It is evident from the chart that bullish flag pattern had been formed and breakout has already taken place. If you count volume , then red arrows are showing volume of pole and breakout which is quite high and gives strength to our idea of flag pattern. MACD is showing short term bullish momentum to continue. Target of pattern is 147 but we have one major resistance at 142.50-143.50 zone (38.2% retracement of bear wave from 269 to 69). We'll buy counter only in dip around 128-125 zone with stop loss below 118 for target 143.
IBREALEST #SELL 86.86 & #BUY ABOVE 91.65INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 16th)
IBREALEST #SELL 86.86 & #BUY ABOVE 91.65
The Breakout-Retest Trade IdeaNotes on the chart.
Your likes and comments are highly appreciated.
Trade safe.
IBREALEST symmetric triangle setupIBREALEST entry is as follows.
Buy above 245
Short below 201
Targets and SL will updated once trade is active
Indiabulls Real Estate SHORT setup - Hunt with tRexShort IBREALEST at 221
T1: 214
T2: 206
T3: 197
SL: 228
IBRealEstate: Hosting A BatAnticipating a pull back to 248 and 242 from the Bat PRZ near the channel high @ 263 / 268 zone.
Although anticipating reversals yield handsome returns yet they are associated with high risk. So I suggest to have your own study before following the idea.
Trade Safe, Be healthy.
Hit like if this information is useful.
Regards
Bravetotrade
India Bulls Real estate BUY setupBuy IBREALEST upon re entering into the channel.
Buy above 248
T1: 266
T2: 280
SL: 235
Bswing : When world went crazy, Errr ! Traders :)So here is good triangle formation and there is potential breakout on the cards. IndiaBull has risen up in a jiffy and thats alright, but we aren't aiming for investing purpose. Just a Good Trade for the day with this breakout.
