IBULHSGFIN can be long from 685-690 level zone with SL below 670. for Targets as shown on chart. Very Risky Trade but worth to go ahead as per our view.
This is a weekly chart of ShriRam transport Finance Limited.
As shown above stock has given a bearish Head and Shoulder pattern at all time highs on long term charts which signals the big rally it had may be coming to an end.
Sell stock on rallies towards 1180 1220. Positional targets are 940 and 880
HELLO,
On daily cart @indiabulhsg near Resistance zone (1380-1390) levels, I expect it to resist back the history, but volume is good on stock don't short instant wait for 1-2 session and see it holds the same resistance... If it hold back sell for the near support 1270.
Kindly understand the importance of volume and price action.
Note : if any update or if you...
Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 22-Jun-2018 for IBULHSGFIN
Sell Below(5Min candle close): 1170.3 for targets -
T1: 1161.5
T2: 1156.3
T3: 1150.8
SL: 1179.7
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you...
