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IBULHSGFIN - Indiabulls Housing Finance News Story

₹178.5 1.9  1.1%

Last Trade - 8:05am

Sector
Financials
Size
Mid Cap
Market Cap £780.8m
Enterprise Value £6.49bn
Revenue £990.6m
Position in Universe 324th / 3105

BUZZ-India's Indiabulls Housing Finance breaks support at 652 rupees, hits over 25-mth low

Mon 4th February, 2019 8:49am
** Shares of Indiabulls Housing Finance Ltd  INBF.NS  fall
as much as 8.26 pct to 622.6 rupees, lowest since Dec. 27, 2016
    ** Stock breaks support at 652.2 rupees, the 61.8 pct
Fibonacci retracement level of the uptrend from Sep. 25, 2013
low to Jan. 29, 2918 high (https://tmsnrt.rs/2TuEkfX)
    ** This suggests, in the near to medium term stock may fall
up to the next support at 466.08 rupees - the 76.4 pct
retracement level
    ** Trend intensity(TI) indicator at 21 suggests, stock is in
downtrend, MACD is negative and below its signal line
    ** Stock down 20.52 pct this year as of last close, while
the broader NSE index  .NSEI  has gained 0.29 pct in the same
period

 (Reporting by Gaurav Dogra)
 ((gaurav.dogra@thomsonreuters.com;))
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