Get started
mr-sky

Stock Analysis of IFB Industries Ltd.

Long
IFB INDUSTRIES LTD (NSE:IFBIND)  
mr-sky  
NSE:IFBIND   IFB INDUSTRIES LTD
Trend Analysis consolidation ifbindustries educational
0
0
trendanalysis consolidation ifbindustries educational
Price - 1179.85 Dt. - 08.10.2021

Stock is consolidating near the support line placed at 1168.70. It tried to break this level twice before breaking successfully with higher than average volume. Stock is consolidating for the last 4 weeks and it looks like the stock is ready to resume the uptrend. RSI is strong and stock is above 21 DEMA and 50 DEMA.
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.