India Bulls Housing Finance has been doing well post lockdown and is currently on the verge of creating a new high in recent times. After being range-bound for a long time, it has given a breakout on the upper side with good volumes. It has got a healthy correction (pullback) and taking support on a previous resistance. The breakout has good volumes whereas the pullback has relatively low volumes. It is highly probable that it will start its upward journey from here and create a new 52W high.
Can hold for a target of around 330-340.
Can hold for a target of around 330-340.