IFBIND... positive divergence Long

IFB INDUSTRIES LTDNSE

Description

⋅ May 13, 2021 1:40 PM

IFBIND after a stellar move from 360 levels, has corrrected 50 % of the move 360 to 1500.
rsi showing positive divergence and also near 200 dma

buy at cmp trgt 1024,1210

looks like wave 5 move is still pending

Trade closed: target reached

⋅ Jun 21, 2021 1:07 PM

first target achieved. second trget missed narrowly