InsiderB
Long

IFB Industries : A Good Move Ahead

NSE:IFBIND   IFB INDUSTRIES LTD
It's a Good Long weekend, Days like these are the most welcome ones & I also have sometime to pick n choose Mid-cap stocks which are far away from the line we play by. Cutting straight to the subject IFB Industries looks quite promising based on post above, A Good 2-Year Old resistance zone is broken very convincingly with great volume surge compared to previous weeks.

Even before the New high's in 2015 it consolidated for 84 days, Now after 2 years in 2017 , same thing repeats with 105 day consolidation and good breakout at the end of it. What else we can expect in a juicy trade setup ? I believe there is good potential for upside in this stock with 875's as first zone for target & final ones being 970's.

Final Note : I didn't check much of its fundamental, but compared to peers its good, So have a look at it's fundamental & try your own analysis too :)
Let Me know if you have some info on funda's or skewed news items or numbers.
Happy Extended Weekend !
thank you for the call,,i am having the shares at average price of 400 . qty 600..finally sold..
great call.. thank you for the help ... u r a secret angel ;)
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great work u guys do..am not a pro..but i do a little bit of technical analysis..
i have ifbind at 400..and was wanting an analysis..
thank you very much

am new to this site..

can anybody help me with analysis on monsanto and kicl (kalyani investment)
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nice breakout and thanks for ur post
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InsiderB bungankit
@bungankit, Thank you
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It also looks like a Flag Break out confirmation,
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InsiderB jethendra
@jethendra, yes almost
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