IDFC Bank - Breakout above 61.50 Long

Description

⋅ Apr 6, 2017 6:54 PM

Downward channel likely to break once price trades above 61.25-50 zone. Buy on breakout for Tgt of 66.

⋅ Apr 11, 2017 6:19 PM

OI interest has been rising consistently. Breakout is likely to happen soon. However, enter long only if price holds above 61.50.

Comments

gauravonweb

⋅ Apr 7, 2017 4:07 PM

Volume action missing

xclusiv_abhi

⋅ Apr 8, 2017 8:42 AM

@gauravonweb, wait for breakout to go long. If breakout has to happen, volume will come.