The stock looks weak below 192 for the marked targets on the chart.
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InvestPro India Team
EXPLANATION : This is a 1 hour time frame chart of IBULHSGFIN , It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on IBULHSGFIN .
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The stock is consolidating at a lower support line and if it sustains above 232, Buy trade can be taken for upper targets until 210 is intact on the downside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
IBULHSGFIN
Triangle pattern BO possible.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
IBULHSGFIN : As per Strategy#1
- In favor of Strateg#1
- Retesting done
- Resistance become support now
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
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...
IBULHSGFIN : Breakout on Daily chart
Levels are shared on chart
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
IBULHSGFIN is travelling through a channel... It trying to cross the resistance region and to move the upper side of the channel . This is my first post give me good suggestions..
Risk vs. Reward = 5 vs 17 points (1 is to 3)
Suppose to, you are going to get chance for long between 110-105 at where your reward will be more higher than risk.
Support of lower bound at 111 with Safe-Target 127 above for same channel but if price shift toward the new "Value Area (3)" in upward then swing target 138-155.
The Decision is your...
