IDBI looks good above 42.50 CMP 42.00 T1 44 T2 46 SL 40
structure looks well , important base at 158-165 zone upside can even be above 210 as it tested the levels multiple time . risk reward in favour on long side .
IDBI resumed Fresh shorts today on NSE. Indicating stock is unable to cross its recent high of 63. Sell IDBI at 61.40 with SL of 63 and Target of 58.70
At critical support level if unable to sustain above this more fall can't be ruled out
Short NSE:IDBI around 78-79 with a stop loss of 82-83 for first target of 70-71 Bearish Pinbar formed finally after a great rally..suggesting a reversal
IDBI 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...
IDBI has a bullish rsi divergence. long IDBI with SL of 53 on closing basis and target of 60 and above.
IDBI Bank setting up a nice Bullish Flag in daily timeframe. Breakout on close abv 79 for tgt near 86 and above.