IBULHOUSING Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Just plain follow the indicator. Message or Comment to get a trial of the indicator.
India Bulls Housing Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Just plain follow the indicator. Message or Comment to get a trial of the indicator.
sell below 658.25 target 623.45 T2 585.75 sl 665.25
Run with strict SL Major events and News change the assumed scenario For Educational purpose only.
Stock is near to important resistance of 870 and expected to fall till 760 levels. I will enter after pullback for risk reward ratio of 1:2.6
24 MARCH ,19 .....AS WE HAVE SEEN IT HAS BEEN BUILDING GOOD BASE AROUND 700 .... COMPANY REMAINS STRONG .....AS TREND IS YOUR FRIEND ..... NIFTY IS IN BULL RUN AND CONSIDERING COMPANY BEING GOOD AND IN GOOD BUSINESS PROFILE WHAT EVER CONCERNS WERE THERE WAS ALREADY ABSORB BY MARKET ... INSHORT DOWNTREND ENDED FOR NOW ... BASE WAS BUILD AROUND 700 ...WILL ACT...
please check ibull housing finance position on the fire
Levels mentioned in the chart. Stock has come out of the channel after a long time and break the resistance levels too.
POSITION SIZING: 27 QTY PER LAKH
looks like IBULHSGFIN following elliot wave inner 1st wave is already completed and 3rd wave started alredy, inner 2nd already up so counting for inner 3rd and then 5th.
Strictly buy above 736 with sl 324 for 349
from the previous pattern it is evident that the price reverses at 61.8% , so the price would go up to 825 and fall to the next 61.8 ratio
Positional View buy above 715 or on breakout with sl 700 for target 75-760-770