IDBI BANK - Swing Trade Analysis - 3rd April #stocks
IDBI BANK (1D TF) - Swing Trade Analysis given on 3rd April, 2024
Pattern: FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
Pattern: FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
Trade active
IDBI BANK Update - 15th April, 2024- Stock retraced back at its Demand Zone as marked
- Consolidation should happen at this zone for a stronger up move
- RR looks good
#idbi #idbibank #psubanks
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.