Rajat Bose of rajatkbose.com told CNBC-TV18, "For the short to medium term, if Indiabulls Housing Finance it close below Rs 1,340 one should book out. Otherwise, the chart structure suggest that if you hold it for the long term, then continue to hold on."
Indiabulls Housing Finance ended at Rs 1,379.40, up Rs 25.25, or 1.86 percent.
It has touched a 52-week high of Rs 1,396.80.
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