LKP Spade, Weekly Pick - Buy Indiabulls Housing Finance Ltd For Target Rs. 300

4/03/2021 3:06:02 PM | Source: LKP Securities Ltd

LKP Spade, Weekly Pick - Buy Indiabulls Housing Finance Ltd For Target Rs. 300 - LKP Securities

News By Tags | #3021 #2951 #580 #3050

* 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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LKP Spade, Weekly Pick - Buy Indiabulls Housing Finance Ltd For Target Rs. 300 - LKP Securities

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