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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IBULHSGFIN Long Call has been shared on 9th June 2021. Our Entry was 265. After our entry it shoot to 310++. And Gave us very good return. After hitting the Daily PRZ - it just corrected and done CIP. Now again buying momentum will continue. And we are expecting 8-9% move in few days. And 20% move in the coming weeks.
Buy - Above 285
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
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade...