Need observe next week (starting 4th Sept) and look if it breaks out the trend line.
If price breakout the trendline with good volume, it can give good target.
Note: Before taking entry do your own analysis. Keep position size based on what your risk management allows.
INTRADAY / SWING TRADE
INDIABULLS HOUSING Looking good for upside..
When it break level 190 and sustain.. it will go upside...
BUY@ 190
Target
1st 192
2nd 194
IBULLHSGFIN AUG FUT – 2 LOT (Qty-10200)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
After very good corrections, now long term charts makes 90₹ triple bottom formation now traded near 180 , it's clear ly buy on every dips stock
My first target of short term is 225
Indiabulls Housing @173, making double bottom on the monthly time frame. It looks like the stock is moving out of the base formation zone.
Buy with a Stop Loss of 137 (also, the loss of the weekly candle) for the long/positional target of 300.
Levels are purely based on the charts. There are multiple confirmations on the volume and price trend.
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...
ENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
NSE:IBULHSGFIN viewpoint
the stock had given good breakout on weekly time frame around 140 levels
ideally buying around 140-145 levels gives good RR ratio
somehow missed it.
anyways, now i will take position at every dip
cmp is 166
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
IBULHSGFIN - on the raise from the past couple of weeks - after months of the downtrend.
159 will be strong support and trade above with the next target of 184. If sustains the momentum we should see 220-225 levels soon.
Daily Time Frame :
Clearly stock is above all indicators.
On Weekly and Daily trame CCI is above 100
In short term - can trade with SL...
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.
