ibulhsgfin , breaking bullish channel , looks good for the upside of 244 / 270 for short term !!!! Buy on dips !!!
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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...
BULHSFIN Trade Idea - India bulls housing finance
A breakout soon on either side
Buy Side Position-
Above - 120
SL- 116
T-128
Buy Side Position-
Below - 116
SL- 120
T- 108
WE CAN'T DECIDE THIS UNLESS A CLEAR SIGN AS OF NOW THIS UP MOVE IS FOR SHORT TERM AND STILL COULD GO FOR THE PRICE OF 145
THIS CHART IS ONLY FOR EDUCATION PURPOSE ONLY NSE:IBULHSGFIN
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 4-6 times.
