Hello friends,
One more stock with good momentum , strong buy column and recently break out up side by breaking old pattern.
Market cap : 3500+ CR
Result : better then previous quarter
So it looks good to make cash position for short term may be one or two month and it will give good return.
So check out more detail and make position
This is not my...
This may be moving in triangle pattern. since it recently touched lower edge so probability of touching upper edge is high though it may be slower.
once it crosses the 125-108 zone then there may be a view that it could do well however that it still far away
In the Weekly Chart of IBREALEST ,
we can see that; it has created a Halt / Decision making candle near breakout range.
Possible momentums are shown in chart.
we can see 200 dma is acting as resistance once close above 200 dma will act as support
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
Presently it is trading in a tight range close to the triangle pattern, as you can see on the daily time frame chart.
As soon as, the price breaks from the buildup range and the triangle pattern, one can go long in Indiabulls real estate.
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Symmetrical Triangle
📌 Symbol/Asset: IBREALES
🔍 Description:
Pattern Breakout
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
IBREALEST:- Stock has given breakout by forming cup and handle, if stock hits between 69 - 70.50 level then you can plan something, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until...
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IBREALEST: INDIABULLS REAL EST
Technicals:
• Triggered breakout of PC-A with strong body candle on 18-Nov-22
• Taller green towers in volume indicating rounding bottom
• RSI positive divergence
• RSI entered in 60 Zone
• A Breakout confirming candle will bring Relative strength in positive
The 18-Nov-22 candle triggered BO of PC-A though there is a resistance...
