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mr-sky
Oct 10, 2021 6:55 AM

Stock Analysis of IFB Industries Ltd. Long

IFB INDUSTRIES LTDNSE

Description

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.
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