Wealth Creation Purpose: Buy for Long Term "IDBI"
IDBI share comparative performance is not up to market due to Lower High Lower Low Pattern with oversold, but indicator showing good strength.
In the near term, it will touch 84-110 & In long term accumulate QTY because this stock have good potential with 3:1 risk reward ratio, target 200++ because everybody knows market may be or not start correcting due to overvalue so without missing opportunities partially buy for wealth creation.
Short term Buy Levels: 71-74 tgt 80-84 sl 70 Cmp 74
More Interesting Buy Level 43-52 in case of deep market correction.
In the near term, it will touch 84-110 & In long term accumulate QTY because this stock have good potential with 3:1 risk reward ratio, target 200++ because everybody knows market may be or not start correcting due to overvalue so without missing opportunities partially buy for wealth creation.
Short term Buy Levels: 71-74 tgt 80-84 sl 70 Cmp 74
More Interesting Buy Level 43-52 in case of deep market correction.
Comment:
Near term book profit at 81-84