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IDBI Bank touching channel support, ready to move upward

Long
NSE:IDBI   IDBI BANK LTD
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IDBI Bank trading in a channel since March'16 and gradually forming a wide wedge , it is touching the channel support 68.60 and very good opportunity to enter long in this stock but wait to see breakout if breakout occurs it will trade downward but chances are very thin to go down, risky trader enter long with small stop loss with a target of 81.00 in near term.