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INDIABULLS group stocks - Housing Finance & Real Estate - a tale of two triangles
if the lower trend line is saved then upper trend line is initial target and if it breaks above it then a lot more
These are monthly charts so they will take their own sweet time, they are not for short term trading
Simple Weekly trendline breakout and Self explanatory chart.
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Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your...
IBULHSGFIN i.e. Indiabulls Housing Finance Limited
The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, whose primary businesses are housing finance, consumer finance, and real estate.
Only for Educational purpose.
IndiaBulls has formed an ascending triangle on a daily chart. It also has been reacting to important support level. It could be a good stock to add for a swing as the housing finance industry is bound to recover soon.
IndiabullsHousing has given a fresh Breakout, can be a good impulse begin after completing correction of wave 4, it could be a beginning of wave 5.
One can go Long with mentioned key levels in chart.
Wave Counts
Key Levels
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading...
Indiabulls Housing Finance is planning for almost 7000cr Fundraise and is highly undervalued.
Reasons:
1. The Company is shifting its Lending mix of retail and wholesale to a complete retail model.
2. The Company has degrown its book since last 2 years and the process is now reaching its final stage.
3. The Company is now ready for a big growth cycle.
4. The...
Indiabulls Housing Finance is ready for a big reversal soon gonna cross all-time high of 1440.
Reasons:
1. The Company is shifting its Lending mix of retail and wholesale to a complete retail model.
2. The Company has degrown its book since last 2 years and the process is now reaching its final stage.
3. The Company is now ready for a big growth cycle.
4. The...
IndiaBulls Housing Finance looks bullish on daily with huge potential upside both from Technical point of view and also based on fundamentals.
Fundamentals:
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The company said in a statement that it will gradually reduce its wholesale book by 33% by March 2022.
According to the company, it is also planning to double the retail customer base by...
