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Yes2Profits
Oct 26, 2021 5:47 PM

IDBI Bank - Bounce Back From Support Long

IDBI BANK LTDNSE

Description

The stock broke out few weeks back, retested the support and bounced back.
Considering the setup in Banking, it looks likely to reach the 52W high and go beyond that.

Keep a stop loss around 49 levels.

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Comments
Lathashakthi
the retest will be back to its 52 level before bouncing up..comments are invited..
Lathashakthi
but now it has your support ,combined with stoch level at 25 ,bolinger at lower band rsi at fear zonethe stock may go back to its 59 level before retesting ...for suggestion please..
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