This stock has given a breakout from 666 levels with good volume and has given an 8% upmove then it was in a correction phase, the price was declining with very low volume which is a good sign and has taken good time correction of a month. And now the buying interest has come at its previous resistance level which is now acting as a support. There are two more supports at this point i.e. 50EMA, Fibonacci retracement, this can be a good risk to reward trade. on the other hand it is also stronger than nifty50. Entry can be done after price crosses 685 and SL will be 657 with a target of 750.
Plz make analysis for IDBI Bank