INDIABULL HOUSING - INSIDE BAR PATTERN

INDIABULL HOUSING #IBULHSGFIN

- SIDEWAYS; INSIDE BAR PATTERN
- TAKING SUPPORT FROM 100SMA

INDICATORS:
RSI - AT 50-LEVEL; SIDEWAYS
TT2 TREND - BULLISH IN 30MINS BUT BEARISH IN DAILY
CDV - POSITIVE!!

AS PER INSIDE-BAR PATTERN STRATEGY:
1. BUY IF 236.60 BROKEN
SL 222.15
TGT - 249/255/263

2. SELL IF 222.15 IS BROKEN
SL 236.60
TGT - 213.5/203/193

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH VOLUME AND FOLLOWUP CANDLE MUST SHOW CONVICTION!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.