➡️current Mcap 8051 cr
➡️value of Cash and investments with the company 10602 cr (as on 31/03, would be even higher as on date)
➡️Logical Npa level is reducing substantially (as the loan base has reduced over the years)
➡️pivoting towards highly rewarding retail segment
➡️problematic promoter forced to exit the company by the majority...
IBULHSGFIN - on the raise from the past couple of weeks - after months of the downtrend.
159 will be strong support and trade above with the next target of 184. If sustains the momentum we should see 220-225 levels soon.
Daily Time Frame :
Clearly stock is above all indicators.
On Weekly and Daily trame CCI is above 100
In short term - can trade with SL...
In IBULHSGFIN a bullish symmetrical continuation triangle pattern has been formed. This pattern typically occurs during an uptrend and indicates a potential continuation of the upward movement. Here's a breakdown of the pattern based on your description:
Converging Trendlines: The symmetrical continuation triangle pattern consists of two converging...
INDIABULLS HOUSING:- price has been trading in a range. now formed cup and handle pattern.
the stock which can break on the upside and breaks level 144.55. go for long
keep on radar..
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more...