IFBIND | GOOD RR SETUP Long

IFB INDUSTRIES LTDNSE

Description

⋅ Sep 15, 2021 4:30 AM

Reasons for trade :
1) A double bottom spread over 3 months.
2) Price breakout of downtrend with simultaneous volume breakout on 2nd Sep'21.
3) Price sustaining above 200MA
4) A low-risk setup of 2.5 RR

Buy above 1144.3 | Targets 1431 | SL 1030.

Trade active

⋅ Sep 15, 2021 9:53 AM