Buy around 118 to 123
Stop Loss 103 on weekly closing bases
Long-term target 149 // 181 // 223
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It has been in a continuous downtrend for a very long time now and is now at a very crucial support. If it breaks the present mentioned trendline we can see a good reversal from the present level.
Check out the trend the stock is following since past 2 sessions.
It opens high and goes low, will follow the same trend tomorrow and short it.
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india bull real state is moving in an uptrend since 26thmarch and struggling to break the resistance at 72.65
breakout may possibly make the move to another resistance at 86.35 and the reversal may result better profit in the favour of shorting.
NOTE: The above analysis may result wrong as it is trading and trading is all about momentum and game of possiblity.
