Ibulhsgfin buying opportunityA 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
Ibulhsgfinlong
Trend reversal in India Bulls housing finance? I think it is a perfect triple bottom. It has good chance to bounce back from here. Stop below the Stop loss mentioned in the chart. Lets see how it goes in the upcoming weeks. First target is 60% but it has a great chance to go higher.
Positional up side view IBULHSGFINMy positional up side view on NSE:IBULHSGFIN
130.50 is the major resistance, if it breaks and sustain above 130.50, it will be a good entry level.
Stop loss will 117 and target would be 142 & 169.
Note: This is my personal analysis, only for learning.
Thanks.
ibulhsgfin support 130 target 180 190ibulhsgfin support 130 target 180 190...........................................................
Symmetrical TriangleIBULHOUSING has formed symmentrical triangle pattern it is good buy around marked demand areas with below level as stop loss for long term target given on the chart.
Let's see
Happy Investing!
IBULHSGFIN bullish breakout aheadThe Stock has been in a falling channel pattern and has also made a symmetrical triangle which is a continuation pattern but a triangle also means that the sellers are ready to sell low and buyers are ready to buy high and this results to consolidation and then a point of breakout.
Ibulhsgfin looks bullish to me, if it breaks both the triangle and the channel then we will see a good upmove for the targets marked above.
Buy Above - 254/Blue Line
MACD is BULLISH
RSI has room for BULLS
EMA are supportive
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Indiabulls Housing Finance is Ready For The Next Leg Of Up MoveIndiabulls 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 Company is partnering with companies like HDFC, RBL, Central Bank Of India, and many more to make a co-lending asset lite model.
5. Housing Finance in general is a less risky business because the asset worth most of the time is more than the loan provided because of which less NPA and Gross NPA.
6. And the most Important Point the real estate cycle has turned and in general, there is a big demand for housing in India.
"IBULHSGFIN" Enter after the breakout or buy now"IBULHSGFIN" Enter after the breakout or buy now. Best for swing traders and long-term investors.
IBULHSGFIN | India Bull Housing Finance | InvestmentIndia Bull Housing Finance seems to be forming a Bullish flag so far recently.
Breakout out if this, with at least 250Mn, may form Inverted head and shoulders pattern touching swing target of 260 - 290.
Targets :
Swing = 260 - 290
Short term = 360 - 400+
Medium term = 500 - 600+
Long term = 1400+
NIFTY REALTY has been bullish strong enough for it to continue.
IBULHSGFIN Some strength LeftNSE:IBULHSGFIN
Though IBULHSGFIN show selling in last trading session (31/07/2020) chart is indicating some strength left in this counter.
If you can see on 1H chart stock was trading on low volume from past few sessions and was in sideways trend. On Friday's trading session stock did fall with decent amount of volume (you can see on daily chart).
These kind of manoeuvres are being created buy professional traders to fall retails in falls breakout scenario and then eat there stop loss.
If one can observe the chart of IBULHSGFIN he/or she can notice strength in the background.
Now see the close of daily candle of 31/07/2020 and ask your self a question why its not managed to close near the low. The answer is bcoz of the strength present in the background. Someone don't want stock to fall at this level. And effort of same can be seen on 1H chart.
So if in upcoming session on 1H chart any candle closes above 195 its a clear single to go long. Last support for IBULHSGFIN is at 156.
