TradeRyteStockz

IDBI BANK - Swing Trade Analysis - 3rd April #stocks

Long
TradeRyteStockz Updated   
NSE:IDBI   IDBI BANK LTD
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
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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