Indiabulls Real Estate SHORT setup - Hunt with tRexShort IBREALEST at 221
T1: 214
T2: 206
T3: 197
SL: 228
Indiabulls
IndiaBulls turning into Bears !If we cud have been earlier might have caught that flag breakout, well we missed it ! Not a prob, another setup in formation, lets see how that goes !
Bswing : When world went crazy, Errr ! Traders :)So here is good triangle formation and there is potential breakout on the cards. IndiaBull has risen up in a jiffy and thats alright, but we aren't aiming for investing purpose. Just a Good Trade for the day with this breakout.
Indiabulls Reality in "Accumulation Phase"On monthly chart, it is been observed that the price action is been consolidation after a long downward trend that indicates accumulation of shares. Once it closes above 103 levels on monthly chart then it shall signals a new bull wave that will produce a great investment opportunity. Keep this also in your investment watchlist and wish you gain out something out of it too. Regards
Indiabulls - BULLS ACTIVE Today, the price action breaks above the downward trend line, indicating bullishness. It is signaling that bulls are back in control of the price action.
Good time to enter:
Target: 95
Stoploss: 82
IndiaBulls Realestate: Classic Wykoff AccumulationCheck the annotation in the chart. There is a big accumulation phase marked by the blue lines and labeling in black font. There is a smaller accumulation zone highlighted in the magenta lines & font. A breakout past Rs.110 would be a major sign of strength in Wyckoff terms. This would open up the possibility of a rally to 298-300 range.
