IBULHSGFIN: – India bulls housing finance stock price edge up higher 2.15% or 15.25 points to 723.20 in the last trading session. Technically, it has corrected from 920 to almost 650 level. It looks it has built a base near 650 level in the short term and has also closed above 20 DMA. The price action gaining bullish momentum and has tagged the upper band. So a long position can be initiated at the current level and add more on correction at 700-710 level for a price target of 790-850 in the short term with a strict stop loss placed at 640 level.
Our trading view on Nifty50 :-https://moneyites.com/the-recent-correction-rally-is-a-great-buying-opportunity/
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