Institutions are building up their positions in IDBI bank

IDBI bank is gearing up for the large moves in coming few weeks. There was a large accumulation for about 2 years and gave a break out with good volume on 28 sep 2021. We can also see that prices are making higher highs and volume is 2 times more when compared with the volume from April 2021 to Sept 2021 that clearly depicts, we are in Trending zone. At present it is a good opportunity to enter trade with good RR ratio (1:2).
Long term trade:- target Rs. 70 to 80 with Stop loss of Rs. 42
Short term trade :- target Rs.65 with stop loss of Rs.50