Indiabulls Real ESTIndiabulls Real EST. Monthly chart breakout buy on dip first target 170 second Target 195 & 215.. Breakout trendline & volume also good
Indiabullsrealestate
INDIABULLS REAL ESTATE - Short-term Price actionINDIABULLS REAL ESTATE - Short-term Price action Analysis
1. It's forming a triangle pattern, let's watch will it breaks up or downwards.
2. If it breaks upwards, there is the short rally 69 is the first target and then 75 is the second target.
3. If it breaks downwards 48 will be the support.
4. This stock is not good at fundamentals, but it may get the good short term really because of the market conditions and it's in the over-sell zone.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
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Buy Indiabulls Real EstateBuy above 82
Target 100 120 (short term targets)
Book profits accordingly.
