IndiabullsHousing IndiabullsHousing has given a fresh Breakout, can be a good impulse begin after completing correction of wave 4, it could be a beginning of wave 5.
One can go Long with mentioned key levels in chart.
Wave Counts
Key Levels
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Indiabull
Indiabulls Housing Finance Is Soon Gonna Cross Its All Time HighIndiabulls Housing Finance is ready for a big reversal soon gonna cross all-time high of 1440.
Reasons:
1. The Company is shifting its Lending mix of retail and wholesale to a complete retail model.
2. The Company has degrown its book since last 2 years and the process is now reaching its final stage.
3. The Company is now ready for a big growth cycle.
4. The Company is partnering with companies like HDFC, RBL, Central Bank Of India, and many more to make a co-lending asset lite model.
5. Housing Finance in general is a less risky business because the asset worth most of the time is more than the loan provided because of which less NPA and Gross NPA.
6 And the most Important Point the real estate cycle has turned and in general, there is a big demand for housing in India.
UNLESS Indiabulls Housing Finance DOES SOME FRAUD IT IS GOING TO GO BIG.
DON'T MISS IT 🤫!!
Good setup on IBHFIndiabulls housing finance is trading in a good range am expecting a jump from 250 - 255 level for higher highs... Good luck and always use stop loss
IBULHSGFIN - GO LONG WITH A TARGET OF 600 IN 2 WEEKSIBULHSGFIN - GO LONG WITH A TARGET OF 600 IN 2 WEEKS
IndiaBulls Housing Finance At big resistance , once this level is crossed stock can see levels of 1450-1500 and above that 1800-1900 in next 8-10 months
