IDBI BANK LTD NSE:​IDBI

Continuously falling from past 8 days & today made an Inside bar. Long above 57.50, SL PDL Short below 56.05, SL PDH If gap up or down, follow 5min ORB.

Levels on charts..

heading north

Sell Below the level and take profits near 59.60 in Futures stop would be 1.00 and should trail once price move away

Beautiful and strong Double bottom green line being target and bottom wave as stoploss

buy IDBI BANK flag pattern breakout.. for target 69 support level 58-57

BUY ABOVE 62.75 STOP LOSS 60.65 TARGET 69.25

buy above 62.25 target of 65.65 stoploss 60.65 time frame: Nov 10 th 2018

THis is not convincing Head and Shoulder pattern. Why? Volume is not convincing at the peak of heads !! Long term trend is down !! You could enter at the given level with Week hold in mind . Take profit 1 can hit as INTRADAY and if you could hold longer TP2 will also hit. Keep in mind, Stock is not trendy as much trending sideways. Disclaimer : not an...

Short on PDL break with SL as PDH.

Check the chart

with sl of 56 go long in idbi for first target of 63 where we have two resistance - 200 dma and rectangle resistance.

As per Nifty, IDBI bank may go down from here so keep accumulating on dips for long terms.

IDBI weekly chart study

givin bad sign- already in downtrend but major breakdown can come stay alert and stay away

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Buy Trend IDBI BANK for 65/70/80

Break of 59 will give way to 62