Experts buying advice on Rakesh Jhunjhunwala stock, know what is the target? Experts also say that this fall, this stock is giving good buying opportunities for the long-term target of Rs 440.
Indiabulls Housing Finance Stock Advice
This Stock included in Rakesh Jhunjhunwala’s portfolio has also seen a decline of 17% in the last 5 trading sessions amid heavy fall in the Indian markets.
BUYING SHOULD BE DONE IN THE STOCK AT THE CURRENT PRICE WITH A STOP LOSS OF RS 200 FOR A SHORT-TERM TARGET OF RS 240-260.
Experts also say that this fall, this stock is giving good buying opportunities for the long-term target of Rs 440. One should buy this stock at the current price with a stop loss of Rs 200 for the short-term target of Rs 240-260.
|Mkt Cap (Rs. Cr.)||10,099|
|20D Avg Volume||39,131,283|
|20D Avg Delivery(%)||23.78|
Indiabulls Housing Price Performance
Experts on Indiabulls Housing Stock
Sumeet Bagadia says that the resistance is seen on the upside for this stock at Rs 250-260 level, but once this resistance is broken, this stock can see a strong rise.
Ravi Singhal of GCL Securities says that a quality stock like Indiabulls Housing Finance has also been a victim of the recent all-around sell-off in the market.
If we look at the shareholding pattern of Indiabulls Housing Finance, in the period from July to September 2021, Rakesh Jhunjhunwala’s holding is 50 lakh shares or 1.08%.