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IDBI

IDBI: Buy@74.4 SL@72.25 T1@76.6 T2@78.7 T3@80.90IDBI surged in trade today with PSU Banks re-bouncing, IDBI seems to be a better option. 5.4% today on NSE with close to 3.5 times its average volumes which signifies returning interest in IDBI. Well above Ichimoku IDBI stands on my BUY list in CASH Market only above 74.4 with Stop Loss of 72.25 and Target 1 of 76.50, Target 2 of 78.70 and Target 3 of 80.90 Please do consult your financial consultant before taking any calls from my end.
NSE:IDBILong
by MohammedJunaid
2
IDBI : [Intraday] Wedge within [Positional] Wedge : Breakout ?IDBI on hourly timeframe has wedge pattern and price is near the lower trendline of wedge pattern and if you notice there is another wedge formation in 15mins. Initially I thought of posting this 60min wedge as positional trade and later converted it to intraday post bcos of Inner wedge. So Intraday traders can trade the inner wedge's direction of breakout and if intraday wedge breakouts outer wedge can trade it as positional also for much better targets . Two Birds one Stone ! Hit Like button to keep me motivated to post more ideas...Thanks for your support ! Happy Trading !!
NSE:IDBI
by InsiderB
2