The stock looks weak below 192 for the marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NSE:IBULHSGFIN
Observations:
1) On Daily Time frame you can see that it is forming rounding bottom and it is near it's major resistance of 234 level range.
On breakout of 234-235 level it will give good upmove.
On other side breakdown of 230 level will give down move.
Please refer below chart : Daily time frame.
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India bulls housing finance after its breakout from the pattern had a good bull run and taken some retest for few days and now again bull run started after the restest, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade...
Take with the support and resistance line drawn here. and place you stop losses and targets according. Take a long position if the price gets a support and set your targets near next resistance and vice versa for short positions. Well the weekly chart has engulfed green candles of last three weeks with a big red candle, so the stock looks weak. Technicals are...
IBulFin uptrend to be continued once the closes above 330 breakout level on day candle, stock to be hold till Q1 Result expected target 390.
stop-point 315 on closing basis in day's candle.
