Pearl_Kaur

Indiabulls Housing Finance Ltd. - WEEKLY VIEW

NSE:IBULHSGFIN   INDIABULLS HOUSING
Indiabulls Housing Finance Ltd.
Their is no change in the technical observation.
The stock price maintaining its underlying weakness with marginal bounce above 200.
Technically Main trend and momentum both are negative and weakness below 179 may extend weakness towards 160 - 150 on the lower side.
Its important to keep in mind that price able to breached 198 - 200 zone successfully and holding closing above it smartly.
As of now 205 (5MA) -220 - 232 (50MA) should consider as next probable resistances.

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