Long
Indiabulls Housing - Positional view | Inverse Head & Shoulders
Key Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Coming out of the accumulation
4. Trendline breakout
5. Forming Inverse Head & Shoulders
6. Successful retest of the neckline
7. Support zone: 227-250
8. Target: 362, 580, 794. Stop Loss: 150
9. Time frame: 15-18 months
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Bullish market structure - HH, HL
2. Volume expansion
3. Coming out of the accumulation
4. Trendline breakout
5. Forming Inverse Head & Shoulders
6. Successful retest of the neckline
7. Support zone: 227-250
8. Target: 362, 580, 794. Stop Loss: 150
9. Time frame: 15-18 months
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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