Indiabulls Real Estate Ltd. CMP - Rs 113.10
Technical Outlook & Trading Strategy:-
The share price of Indiabulls Real Estate has registered a breakdown form its cluster of moving averages.The momentum indicators remain in negative territory indicating weakness in the stock price.We expect the stock price to decline towards the level of Rs 109 / Rs 106 in the upcoming session.
Short positions are recommended at current levels with a stop placed above Rs 116.60.
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