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IDBI Bank: Keep a close eye
IDBI BANK LTD
IDBI Bank: Keep a close eye
By indiamarketoutlook
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Updated
Dec 12, 2017
1
Dec 11, 2017
IDBI Bank
Closing Price 60.70
The stock has potential either side...
Bullish case
Probability of further upside increases if stock closes above 62.20
T1 66.20
T2 70.30
SL if closing is below 58.60
Bearish case
Probability of more down fall increases if closing is below 58.60
T1 56.50
T2 54.5
SL if closing is above 62.20
Will be keeping a close watch for tomorrow...
Will provide further updates during market hours...!!!
Do like, if you find it useful &
follow for instant updates ...
Take care & safe trading...!!!
Regards
Dec 12, 2017
Trade active
IDBI Bank
CMP 60.40
One may look to sell for a target of 58/ 56.5 & a SL of 62.20 on closing basis
Take care & safe trading
Dec 13, 2017
Trade active
Made a low of 58.10
T1 almost done
Happy trading...!!!
Dec 18, 2017
Trade closed: target reached
IDBI makes a low of 56 today...
Target of 56.50 done
Consider booking profits as per risk appetite
Do hit the like button if you find this analysis helpful...
& follow for further instant updates...
Take care &
Happy happy trading...!!!
support
Support and Resistance
Trend Analysis
indiamarketoutlook
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