GOOD RR setup in IDBI stockafter a long range inside run done good breakout now expecting a reversal or retest of breakout area. always trade with confluence and control risk
IDBI trade ideas
IDBIWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
IDBI BO HAPPENING WITH HUGE VOLUME, POSITIONAL TRADE OPPORTUNITYAs u see on chart, Price is in nice Uptrend in weekly time frame, and after a long consolidation, a nice Breakout is happening with huge Volume.
HIGH PROBABILITY POSITIONAL TRADE
BUY ABOVE 50 FOR TGT 90-120-150+ STRICT SL@30
IDBI BANK LTD
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 trailing stop below all the wave step by step.
IDBI BANK CAN GIVE 45% IN SHORT-TERM Buy IDBI bank at 44-40 levels, targets: 56,66, horizon:56-70 days !!!
#IDBI bank breakout keep it on radar above breakout can move good
target 8 - 10%
for educational purpose
IDBI hourly chart setupHello 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 considered as informative and helpful post
I shall not be responsible for your profits and losses
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
IDBI buyIDBI buy nd forgot ...target big one ..fast move buy above 45 ..striaght move to 55 ...buy @ cmp ..target 45/55/65/75/120
..one year...long time triangle pattern..
IDBI is showing signs of breaking out. Keep it on your radar as IDBI is trying to move up and break its multi year descending trend line on the weekly chart. The RSI is also getting stronger.
Positional play in IDBI BankIdbi Bank is forming a triangle on weekly TF. Potential for positional play
IDBI upcoming breakout or breakdown 🤔Guy's add IDBI to your watch list , upcoming Breakout,
In weekly time frame you can see strong Supports and resistances.
If Trendline is broken breakout is possible .
IDBI BankBuy-38-39
Trading SL-37 Below Daily Closing Basis
Positional SL-34 Below Daily Closing Basis
Target-45-55
Time Frame-1-2 Months
Positional Bet.
Be Safe From The Volatility & Sell Offs..
Consider SL If Hit & Exit..
Keep an eye on IDBI.Triangle pattern can be seen on chart.. once broken it can touch its first resistance which is 40.35 if this price is also broken then we can expect the price to go towards 45.
Feel free to correct me in comments section.
Thankyou.
IDBI: A GREAT BUY BEFORE DISINVESTMENT!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 bank going to turn MultibaggerIDBI 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 Corporation -owned IDBI Bank reported a standalone net profit of Rs 378 crore for December quarter 2020-21 on the back of healthy growth in interest income. The lender had reported a standalone net loss of Rs 5,763 crore in the year-ago quarter.
2. On a consolidated basis, its profit after tax (PAT) stood at Rs 393.15 crore, compared to a loss of Rs 5,728.70 crore last year.
3. Net interest income (NII) grew 18 percent to Rs 1,810 crore as against Rs 1,532 crore in the same quarter of the previous fiscal. Its net interest margin (NIM) improved by 60 basis points to 2.87 percent as compared to 2.27 percent in the year-ago period.
4. Gross NPA ratio declined to 23.52 percent from 28.72 percent in the third quarter of the previous fiscal. Net NPAs eased to 1.94% as against 5.25%
5. Provision coverage ratio (including technical write-offs) improved to 97.08 percent from 92.41 percent.
Given the improvement in the financial condition and simultaneously RBI putting out of it from PCA framework, the IDBI is recommended for Buy as much you can for first target of rs60, 87.50 and 109. Also, given the positive run seen in the banking stocks it will not be surprised the bank touch its all time high of Rs202 in the one year time period
