IBULLHSGIBull Housing Finance looking good for swing as well as LongTerm, getting Perfect Support & now shwoing strength to break the major hudrle.
If Give Breakout on Resistance we can see good move in upcoming days
Ibullhousingfinance
India Bulls Housing finance - keep on radarHousing Finance is forming a good trendline breakout structure.
81 - is a good support.
It is yet to give breakout. After that we can see good volumes.
The structure is still forming so keep it on radar.
Plan your trade.
INDIABULLS HOUSING FINANCEIndiabulls housing finance is buy on dips until it is trading above 100 levels , a higher low in the structure indicating bullishness , can buy on any dips towards 110 levels with SL at 90 for big targets in long term
India Bull Housing Finance : Breaking the ResistanceIBUULHSGFIN : Range Breakout
>> Breakout with Good Volume Participation
>> Good Strength
>> might retrace or consolidate for few days then move upside
>> targets Higher supply zone
Happy Trading !!!
Price Moving in a ChannelIndiabulls Housing Finance is moving in a parallel channel and the supports are moving a notch higher with passage of time and since the price is at lowest end of the channel , it gives a good opportunity to go long in this stock . The stop loss for the said trade should be 200 on closing basis and Targets could be as high as 313 in short term . The trade would represent a good risk to reward ratio of more than 1:4 or 1:5. This analysis is for purely understanding purpose and educational purpose . Please do consult your financial advisor before leaping into any trade.
India bulls housing financeIndia Bulls Housing Finance
Hourly timeframe
Can long from here. (1-2 days time frame)
Target:- 270
SL:- 248
