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Finaticks
Oct 24, 2021 11:32 AM

IFBIND broke consolidation channel Long

NSE:IFBIND1D
IFB INDUSTRIES LTDNSE

Description

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NSE:IFBIND broke a minor consolidation zone and is heading for a target of 1500.
Area of entry would be in between 1250 - 1300 and Stop loss can be 1100

Supporting factors

1. Huge Volume on Breakout
2. No Major Resistance until 1500
Parallel Channelchannelbreakoutstrategy
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