This time is a paddy plantation season and maximum farmer shown the paddy CMP - 651 TARGET PRICE-750 STOP LOSS - 625
An Inverted Head & Shoulder chart pattern is observed on the weekly timeframe on IFB Agro.. The stock has given a strong close for this week, on healthy volume, adding further probability to the rally.
the stock has formed head & shoulder pattern & is abt to give breakout ....volumes seen at the bottom....ma in ascending order
After a good consoldiation th stock has given breakout with good volumes one can plan entry with sl 340 tgt 470 . If you like my Post kindly hit on the Like Button. Disclaimer I am not SEBI registered Analyst kindly consult your financial Advisor before taking any trading decisions .
Price is forming a symmetric triangle pattern and it is good to break.
BoxBO Volume Surge TGC Strength Candle BO12 formed H>663 and C>650.70 with strength CCI(D) crosses 100 Binet's Formation on W charts Target 763 / 824
Buy In range 500-510 if it comes For Targets 1 597 2 640
IFB Agro Breaking out of big 2 yrs triangle B/O Pattern height is nearly 300 pts.
Buy at / above: 441 Targets: - 451 - 462 Stoploss : 434 Sell at / below: 434 Targets: 425 --- 415 Stoploss : 441