[Premium] Trade Of The Week

JC Parets
November 8, 2021

This week we’re looking at a long setup in the Realty space. With Realty showing growing strength, this was one sector we wanted to focus on.

Let's take a look at this stock.

India Bulls Real Estate has broken out above the June 2018 level, effectively breaking out of a three-year base.

With this move above 180, the price is ready to move towards its next target of 270. The price is showing strength and momentum on a relative basis as well and looks ready for the next leg of the rally.

We are bullish above the level of 180, with a  target near 270.

Thanks for reading and please let us know if you have any questions.

And if you're a Premium Member, be sure to check out our other weekly post, "Three Charts For The Week Ahead."

Allstarcharts Team

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