INDIABULLS Daily NSE Stock Chart Technical Analysis
Indiabulls stock price on NSE fell today after a heightened interest yesterday.
The price closed at 223.2 after opening at 230.85.
Market Outlook: The price could fall further tomorrow. The line of support is around 220 levels and an intraday high of 230 is possible.
This week could end around 204. By next week, the price could rise again, but this is only an assumption and we will wait for end of week indicators.
Technical Indicators:
Price has taken support near the 78.6% level. (Fibonacci lines not shown on this chart)
Rs 221 is also a price support level from the past, as is visible on the chart above. The price will get good support right now and this will slow down the speed of today's fall in the coming days of the week.
(Analyzed for Jojo, Kochi)
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