IDBI breakout near all time highIDBI breakout near all time high. Worth taking risk due to continuous momentum
high risk
SL mush
IDBI trade ideas
IDBI UPDATEIDBI UPDATE going good, seeing resistance at 98.75 but once crosses it , its good to go up
IDBI-long for 35% return price retesting neck line of rounding bottom breakout
decent valuation
target and stop loss marked
IDBI | Investment Pick📊 DETAILS
Sector: Bank - Private
Mkt Cap: 72,256 cr
IDBI Bank is engaged in the business of Monetary intermediation of commercial banks, saving banks, postal savings bank and discount houses.
TTM PE : 15.14 (Low PE)
Sector PE : 12.12
Beta : 1.22
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
10.84% away from 52 week high
Underperformer - IDBI Bank up by 6.3% v/s NIFTY 50 up by 7.72% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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IDBI BANKBUY @ 79.10 RS
TARGET @ 85 RS
BUYING CONFIRMATIONS: Rounding bottom
Expected returns are around 7.33 %
GOOD BREAKOUT FOR IDBIAll years long monthly trendline breakout supported with huge volumes due to good quaterly results. Gross and Net NPA are at all time low and highest ever profits recorded in this quater.
Technically speaking the charts are very strong and forming a rounding bottom on monthly charts.
Entry should be near 70 to 80
Targets can be 100/120/150/200
Holding period - Minimum 2 to 3 years.
IDBIBANK
Simple Price Action
Formed multiple InsideBar in weekely Time frame
Gave Powerfull Breakout Of multiple Inside Bar with Strong Volume
Looks Good For Swing Trade
Trading at 79
Keep sl at 59
Target can be 110 / 150
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
Amazing breakout on Weekly / Daily Timeframe - IDBICheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
IDBI - Ichimoku BreakoutTradingview :
📈 Stock Name - IDBI Bank Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 81.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Bright future for IDBIAll years long monthly trendline breakout supported with huge volumes due to good quaterly results. Gross and Net NPA are at all time low and highest ever profits recorded in this quater.
Technically speaking the charts are very strong and forming a rounding bottom on monthly charts.
Entry should be near 70 to 80
Targets can be 100/120/150/200
Holding period - Minimum 2 to 3 years.
Only for educational purpose
IDBI is looking good for another short-term rallyIDBI is looking good for another short-term rally
broken trend and a very weak resistance is there
expecting 5-6% easy move
IDBI BANK Ready To Give 2x Return 12 Year Resistance Breakout-IDBI BANK Ready To Give 2x Return 12 Year Resistance Breakout
-breakout with very high volume
-results are awesome
-PSU Banks giving breakout one by one
-keep in radar it will easily give 80-100% return in next few months
long term trade/investmentidbi has been rejecting from an trendline since 2011-2012,after many years the trendline has been broken with mderate volumes,looks good on chart to be seen for an upside momentum keeping risk as per appetite.
disclaimer:NOT AN INVESTMENT/TRADING SIGNAL
JUST FOR AN EDUCATIONAL VIEW
IDBI DOUBLE BOTTOM BREAKOUTIDBI breaking double bottom neckline
with good volume
near #target can be 73
educational idea only
IDBI BankIDBI Bank has entered a range of 65-68 here on.
Picking up a new trade with a target of the upper side of range can be one of the smoothest profitable setups.
Stoploss below the lower end of the range, target of the upper range of the range.
Duration- 1-2 weeks.
Let me know what you think.
IDBI trading IdeaA symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
IDBI BANK: 2 year Cup and Handle BreakoutIDBI BANK is breaking out of a 2 year long cup and handle pattern with high volume and high RSI. The breakout is sustaining over the support.
13 Years Breakout With High Volume. Ready For BlastIDBI Bank gives breakout after 13 years with high volumes on daily timeframe. stock has give resistance from last 13 years from trendline and now give breakout with high volumes. stock have good potential to give good return in upcoming days. wait for some retracement and enter somewhere around 65-67 level. Current Price = 70.85 1st Target = 90 2nd Target = 120 Stop Loss = 61. NSE:IDBI
Idbi bank script showing good potentialFrom last eight months stock remained mostly stagnant, touched resistance thrice.
Long IDBI - Move is ON..NSE:IDBI
✅ #IDBI trading above Resistance of 52
✅ Next Resistance is at 62.50
Here is related chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cup&Handle Pattern Spotted Multi Year Breakout with Good VOLUMEEverything Explained in Chart IF you have any question . Please comment down Below
