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.