IndiaBulls Housing
Bottom Pick Stock for Positional
Buy Above 315
For Target : 387-477-568
SL 151
Please consult your financial advisor before investing
All research for educational purposes only.
there are lot of demands in this trade. so slow accumulation on each demand may give better results.
This is for educational purposes only . Please consult your financial advisor or do your own analysis before any trades.
Stock is trading in negative channel for last 6-8 months and it needs to break two trendiness above light green and yellow. to come back in positive trend.
strong support at 87-92
might break if it didn't gain strength.
As you can see, major drowntrend has been broken and IBulls is on its way back, right now its a buy in dip strategy...my target is its lifetime high or higher....of course i'll be liquidating slowly as it moves on to higher levels....Increase volume confirms the breakout...levels are shown, use risk management....invest only 10% or less of your capital in a single...
Bi weekly chart analysis.
Needs to cross lower red channel to see big moves in stock. it will be break out from last 4 years negative trend. The move will be so fast that most of the retail investors wont even able to grab it.
INDIABULLS HOUSING FINANCE is in strong uptrend and I'm expecting the retracement to be over and start of new impulse wave from the marked zone and the zone also aligns with the 61.8 Fibonacci level hence adding strong confluence for the bullish trade.
Expected Targets are:
TP1 - 205.40
TP2 - 250
Hello & welcome to this analysis
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
Ibullhousing finance has formed double bottom on weekly charts. The volumes are supporting the upmove which is a good indication. Some positive news based developments are also happening in the script. The base formation in range of 90 to 150 for almost 1 year+ gives an indication of accumulation and script is in strong hands
Housing finance stocks are showing...
A favorable risk-to-reward ratio opportunity can be seen in this stock which is nearing a breakout from flag pattern with increasing volume support.
Buy Entry - Above 175
Target - 205
Stop Loss - 163
Hi trader's,
Chart looks very promising with positive candle and range breakout it seems it may go upto 200 in near future keep eye on the chart with volume support and results also above estimates.
Indiabulls Housing Finance Ltd, incorporated in 2005, is registered with and regulated by National Housing Bank (NHB) and is engaged in the business of providing home loans and loan against property. It also provides corporate mortgage loan - lease rental discounting and residential construction finance.
Stock is trading at 0.45 times its book value
after 2020...
Double bottom has been formed on INDIABULLS HOUSING FINANCE and also Breakout has been done with huge volume.
I'm Expecting a good bull run in INDIABULLS HOUSING FINANCE.
5 Steps Analysis of Indiabulls Housing Finance :
1. On Daily TF Stock has broken the 130 level at JAN 2023 then stock traded at consolidation zone and faced downside till 93 level.
2. On Daily, weekly and Monthly time frame stock showing strength with high volume.
3. From Last 6 Months stock was resist at 118 level.
4. At the end of the June Stock has break the...
As disclosed in the chart drawing as per my understanding about the value areas, it seems possible that this script after serious underperformance during recent periods may perform well.
Worth to watch it for study purposes those who believes in study.
