IDBI : set-up for a big moveTarget 107 | Stop-loss 61
* Multi-week sideways consolidation (read accumulation)
* Bollinger Band contraction
* Momentum oscillators inching towards buy crossover
Accumulation
KPIT long Entry with Good Profit PotentialThe Stock seems to have formed the bottom and being accumulated, Buyers/Investors find that it cheap at current price level thus buying emerges. One can enter now with small Stop loss entry which offers decent risk to reward ratio.
Prism Cement: Price Consolidating a ZonePrice has been bounded by the support and resistance zone. Price action on Friday indicates buyers are still active near the lower lend of the zone. A breakout past upper end of the red-zone would bring 133 into reckoning
IFCI: Setting Up for A Rally Price seems to be setting up nicely for a rally. It has to clear a few resistance though. Sort out those levels and plan a trade accordingly. Worth having this one in watchlist.
