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anjanrmsh

Indiabulls Housing breaking the trendline - Time to sell?

Short
INDIABULLS HOUSING FINANCE LTD (BSE_DLY:IBULHSGFIN)  
anjanrmsh  
BSE_DLY:IBULHSGFIN   INDIABULLS HOUSING FINANCE LTD
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
Indiabulls Housing has broken a trendline where we usually would see bounce back. Since it has broken the trendline today (11- Mar) we might see a long downtrend from here.

Sell Indiabulls at - CMP (174)
Stop loss - 200
Target - 130
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