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IBULHSGFIN

India Bulls Housing Finance healthy breakoutIndia Bulls Housing Finance has been doing well post lockdown and is currently on the verge of creating a new high in recent times. After being range-bound for a long time, it has given a breakout on the upper side with good volumes. It has got a healthy correction (pullback) and taking support on a previous resistance. The breakout has good volumes whereas the pullback has relatively low volumes. It is highly probable that it will start its upward journey from here and create a new 52W high. Can hold for a target of around 330-340.
I
by ujjwal_18
India Bulls housing - Retest done and reversal bullish startedIndia 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 ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
ILong
by PrakWorld_Traders
Indiabulls Housing Finance - Very AttractiveMarket Cap ₹ 9,520 Cr. Stock P/E 7.41 Vs Industry PE 21.2 ROCE 10.2 % ROE 13.8 % OPM 5Year avg 87.4 % Promoter holding 22.5 % (negative) Pledged percentage 0 % Debt to equity 4.58 Intrinsic Value ₹ 1,173 Best of all is at current price Dividend Yield 15.1 % and it consistently paysout dividend. Technically bullish divergence Spotted. After the breakout of the Triangle , it would ZOOM. Choice is yours about whether you want to accumulate before or after the breakout.
ILong
by CannySunny