INDIABULLS REAL ESTATE - Short-term Price action

INDIABULLS 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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ความคิดเห็น:

First Target achieved, and not getting retracement... will fly to 2nd target once the market turns to positive...

ความคิดเห็น:

Almost My target hit...