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Indiabulls Housing - Back from the dead
A stock which was almost written off but got super lucky and survived the downtrend in the NBFC cycle. The market still treats it like it is going to shut down but the co is planning a big rebranding..has new lending partners etc..
The co has already been mentioned from 112 levels by me but now its trying to break the longer term downward trendline..
ABove 131 expect 142-155-176 and then the stock could catch peak momentum.
The stock has a huge margin of safety coz its trading at .33 price to book.
The co has already been mentioned from 112 levels by me but now its trying to break the longer term downward trendline..
ABove 131 expect 142-155-176 and then the stock could catch peak momentum.
The stock has a huge margin of safety coz its trading at .33 price to book.
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Feragatname
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