LKP Spade, Weekly Pick - Buy Indiabulls Housing Finance Ltd For Target Rs. 300 - LKP Securities
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* Stock has given breakout from double Cup and Handle pattern which is bullish continuation pattern by nature
* Strong volume activity is witnessed at the time of breakout which shows strength of breakout
* Prices are well trading above ichimoku clouds which suggest
* Also both momentum indicator RSI and MACD supporting the breakout as ranging in positive territory
Buy Indiabulls Housing Finance Ltd @ 248-251 CMP 248 TGT 300 SL Below Rs 230 CB Duration 3 Months
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