IDBI BANK LTD is in Bullish Wolfe Wave pattern formed over years(Wave countings has been marked). The chart is bit difficult for a newbie to observe.Let me brief you in key points. Very recently it has got activated again and broked the 135 TL. But the good thing about this time is, it has sustained above the 135 TL for 2 weeks. 1.The blue circles that used to...
This is follow-up on IDBI Bank. Can check link to related ideas. Target 1 achieved. More than 16%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
IDBI has retested the breakout level of INR 45. The rationale for buy - Volume expansion @ breakout, Pullback with fall in volume. - Pattern: Reverse Head and Shoulder - The bank has made an annual net profit for the first time in FY2020 since FY2016. The stock is expected to rally to the 60-63 level. This is my opinion and not a recommendation. This is only...
after a long range inside run done good breakout now expecting a reversal or retest of breakout area. always trade with confluence and control risk
Target:- 84 Stop Loss:- 46 Duration:- 7 to 8 Weeks The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also similar type of ascending triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use...
Buy IDBI bank at 44-40 levels, targets: 56,66, horizon:56-70 days !!!
IDBI Coming out of range. IDBI Buy-Between 30-40 Sl-25 Target- 60 80 100
Hello Traders👋 Today i have made a post on IDBI hourly I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be...
SWING TRADE: IDBI BANK, very strong breakout can come in coming days, buy above 41.
One of the first few banks to be selected for disinvestment by the government would be IDBI Bank. It has really great financials with a promising future. Some really great companies are definitely coming forward to bid for IDBI. Above 45, a breakout is expected with targets 60/90/120/150.
IDBI is all set to touch rs 80 levels in one month time frame. IDBI was at around Rs 82 levels when PCA was taken against it by RBI with RBI now putting it out of PCA frame work. Its all set to give out big gains to the investors. Lets look at its financial conditions, which has shown significant improvement over the last one year period. 1. Life Insurance...
Idbi bank is forming cup and handle pattern on daily TF, all Oscillators are positive, closing and sustaining above 39 can lead to a massive rally. Buy @CMP for a target of 65(70% gain), SL:34, Horizon: 8W.
Price forming a triangle pattern and when it goes to the support trend line it would be a good bet for long with calculated risk. Long way to go
Buy @ CMP --- 31.25 or 31 Target --- 35 Duration --- 4 to 5 weeks SL --- 30.25 #idbibank #shorttermbull #longcall #positionalcall
above 32.5 can it touch 35.55 & 37.8 ?
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BO is 30.45. rest important levels are mentioned in the chart.
NSE:IDBI Levels already mentioned.. Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip...