Stock for intraday trading on 11 April 2011: Buy India Bulls Real estate Limited (IBREALEST) @ 142 for target: 143.8 and 145.3, place protective stop loss at 140.6. We see good supportive buying interest hence pushing this stock higher. At CMP(current market price) 142 it is already trading in positive zone by more than 1.5%, and is more likely to be bullish today, So it seems to attract more buying interest in this counter. Stock is trading with good volumes. Technical indicators are confirming the bullishness and is in favor of trade, stock IBREALEST.
About Bhaveek PatelBhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.
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