CuriousChartist

IDBI (***Attractive - hoping for breakout)

Long
NSE:IDBI   IDBI BANK LTD
CMP = 40

Handle too k support at 0.382 Fib

Target 1 = 44 (10%)
Target 2 = 48 (20%)

SL = 38 (5%)
Trade active:
Target 1 achieved. 10% returns .
Comment:
This stick has the potential to break many targets ok the upside. Just ride the stock till where it goes and always keep a trailing StopLoss.
Trade closed: target reached:
In 4 sessions 20% returns achieved.
One can still ride the stock for 55-60 however keep a StopLoss at 48 and trail it without fail.
Seal your profits always.

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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