IndiaBullsHousingFinance Monthly Analysis
Long Term View
IBULHSGFIN has made a Descending Triangle pattern on a Monthly Timeframe . Price has continuously taking resistance at Resistance Trendline in short it is respecting the Resistance Trendline, this is the indiacation of Valid Trendline and taking support at the zone which i have marked as Support...
HOURLY CHART:- INDIABULLS HOUSING FINANCE gave a breakout on hourly chart with a well known inverse H&S pattern. Expecting a tgt of 150 in coming 5-7 days. Pattern stands invalid below 108. Risk to Reward is not favorable for new longs as SL is quite far but people who are already in trade can trail their profits.
OANDA:XAUUSD The US dollar is looking to stabilize after the Fed's near-weekly drop, limiting Gold's attempt to recover. A fresh rise in US Treasury yields helped bids below the US Dollar.
However, a risk-on rally across Asia indices on rising expectations of Chinese stimulus could keep the Greenback bulls in check, supporting Gold prices.
Indiabulls 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 BULLS HOUSING – Predicted Intraday High Low Level for today.
Today INDIA BULLS HOUSING will trade in between the marked zones. Look to BUY at Green zone and SELL at Red zone.. Any breakout either side we can expect strong move towards the breakout side.
Along with these levels we should also confirm our entry with Price action.
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
INDIABULLS HOUSING is on a consolidation phase on weekly chart.
Trigger could be the crossing of 50 day EMA at around 234.
Target of 280, which is also acting as a resistance zone. Beyond which 312 should be achieved in the medium term.
Current consolidation range is between 280 and 200. Below 200 the stock could slide to 180 - 160 levels.
Would wait for the...
1.Symmetrical Triangle support
2.Parellel Channel support
3.RSI looking good
4.MACD above signal line
5.Making higher highs higher lows
Buy near - 205-210
Targets - 230,245,260,280
Keep SL near - 180 (Static)
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Indiabull housing finance has a very positive momentum.
RSI is very positive momentum and in parallel channel.
Price action is also positive and from lower channel, it reversed and moving higher.
After breaking this channel, higher targets are expected.
Disclaimer: I am not sebi registered. This chart is for educational purpose. Pls consult your...
Indiabulls Housing Finance (Daily) - Trendline Breakout
It seems to have entered the 5th wave after a long 4th wave
And currently it seems to be in the 3rd internal wave of the 5th main wave as per the Elliott wave count
This is the fifth attempt in which it has done a breakout of the long slanting trendline as shown in the image attached
RSI is above 60,...