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