IDBI trade ideas
IDBI going to the new heights!IDBI going to the new heights!
Go Long on IDBI Bank on monday.
Reasons for Long
1. Stocastic - Oversold
2. RSI - Oversold
3. Morning Star Formation ( Great success rate)
4. Bounced from the trend line
Any opening above
IDBI going to the new heights!IDBI going to the new heights!
Go Long on IDBI Bank on monday.
Reasons for Long
1. Stocastic - Oversold
2. RSI - Oversold
3. Morning Star Formation ( Great success rate)
4. Bounced from the trend line
Any opening above 54 can lead to 60 within 2 weeks time frame.
IDBI: Sell at 61.40 SL 63 Tgt 58.7IDBI 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
Long after Brake out retestThis one is Going one more up side before heading for any Major correction , Wait til the price Brake out and retest
One can Look for Going lone in Cash , for short term target as per forecast ,
IDBI Intraday Bearish View. With weakness of overall market it may plunge down to retest some recent level on down side.
be careful it can retrace 61% in morning and head back to downside.
Entry in morning after breakout near 70 and Target 67 .
IDBIResistance and indecisive candle...
Short below 76 for a target of 70 with stoploss at todays high...
INVESTMENT PICK - 3 : IDBI BANK LTDHI,
A Strong weekly trend line breakout done on IDBI charts with the support of good volume.
It might be a good idea to go long as a investment pick - Details given on chart.
Our previous investment picks Hexaware & Ashok Leyland worked well ( Links shared below for the thread)
Disclaimer : Please consult a financial advisor to assess the risk. Just sharing my view only.
Regards
Gulz.
IDBI BANK LTDBargain corner. Accumulate between 52-56. Target 80 (Medium term). Stop loss should be placed at 46 (Closing basis) which is technically a very strong support.
IDBI - Reversed from its downtrendNSE:IDBI has reversed from its downtrend with huge volume.
Go long above 86.60
T1 - 95.40
T2 - 101.55
T3 - 115.85
SHORT IDBI, Bearish Pinbar formed signaling a reversalShort 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
