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nextgen nextgen PRO IDBI, D, Short ,
IDBI: IDBI Bank trading in downtrend channel
55 0 7
IDBI, D Short
IDBI Bank trading in downtrend channel

IDBI has been trading in down trend channel it closed touching the resistance and seem to approach again support if breakout doesnt happen. we can see the target of 72 or if breakout then 77 in near term.

nextgen nextgen PRO IDBI, D, Long ,
IDBI: IDBI Bank approaching channel resistance
44 0 1
IDBI, D Long
IDBI Bank approaching channel resistance

IDBI Bank has been trading in horizontal channel respecting support and resistance, it has been approaching channel resistance around 77 in near term,traders may enter long in IDBI.

nextgen nextgen PRO IDBI, D, Long ,
IDBI: IDBI Bank touching channel support, ready to move upward
113 0 1
IDBI, D Long
IDBI Bank touching channel support, ready to move upward

IDBI Bank trading in a channel since March'16 and gradually forming a wide wedge, it is touching the channel support 68.60 and very good opportunity to enter long in this stock but wait to see breakout if breakout occurs it will trade downward but chances are very thin to go down, risky trader enter long with small stop loss with a target of 81.00 in near term.

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