IDBI Bank Overview | Short and week overview
THis is not convincing Head and Shoulder pattern.
Why?
Volume is not convincing at the peak of heads !!
Long term trend is down !!
You could enter at the given level with Week hold in mind .
Take profit 1 can hit as INTRADAY and if you could hold longer TP2 will also hit.
Keep in mind, Stock is not trendy as much trending sideways.
Disclaimer : not an investment advice
Why?
Volume is not convincing at the peak of heads !!
Long term trend is down !!
You could enter at the given level with Week hold in mind .
Take profit 1 can hit as INTRADAY and if you could hold longer TP2 will also hit.
Keep in mind, Stock is not trendy as much trending sideways.
Disclaimer : not an investment advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.