IFB Industries- Paisa double opportunity.

IFB Industries- 0.618 retracement done on monthly long back. For the past 2 years, its undergoing a big flag pattern. So will explode once it breaks up. The point to be noted is, even if it breaks up in daily, wait for the weekly candle close atleast for safe trade. If not keep the stop loss as the candle close within the channel after breaks up. Paisa double opportunity if it explodes.

Note: This is for educational purpose only.

Comment:

Still IFB didnt break the parallel channel. But a upward parallel channel is formed inside the downward parallel channel. So if it breaks up, it will complete a handle pattern for the cup formed already. Lets wait and watch.

Team Stocks-n-Trends

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Finally after a long wait. The game is on for 2x returns