#IBULHSGFIN #breakout #trendlinebreakout #200emabreakout #swingtrade
IBULHSGFIN : Strong 200 EMA Breakout
>> Trendline Breakout soon
>> Good Strength & Decent Volumes
>> Trending Stock & in Momentum
>> Low Risk High Reward Trade
Swing Traders can Lock profit at 10% & keep trailing
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The stock looks weak below 192 for the marked targets on the chart.
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Happy Trading!
InvestPro India Team
The stock is near the resistance again and if it breaks and sustains above yellow resistance line, we may see upper marked levels in coming trading sessions.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
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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Its a pattern (again!)
Currently NCDs of this comp are open for subscription where the guaranteed returns per year are 9+% (which is not at all small).
Still if there is any inflow in the equity of this stock, that means, market cumulatively expects a return more than a flat 9+% from the stock. Which will be a big deal for me.
Consider the mentioned targets as...
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
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...
