IDBI trade ideas
2 good trades and Index Ideas for 26 Aug I daily make educational content videos on Financial markets
IDBIHead & Shoulder Breakout Retracing back , Take entry on completion of retracement , Keep Your Stop loss
TARGET HIT IN IDBI BANK (LATE POST)idbi bank made breakout from cup &handle pattern
it was perfect
NSE:IDBI
cup and handle pattern on IDBI BANKcup and handle pattern are the strongest pattern and it has the most success rate of 95%
many stocks currently are making such pattern which confirms us that the market will move upward.
NSE:IDBI
IDBI Bank - Impending Stake SaleCurrently in accumulation zone. Once breaks out of the upper zone, this will move up sharply. Not much liquidity, as government and LIC already holds 95% of holding. Impending stake sale is the key trigger. Stake sale price will determine the movement. Fundamentally too, currently the share price looks undervalued and not demanding.
IDBI bank - buy on every dipBuy from cmp to 35
perfect entry is 36.05
tg1 - 37.7
tg2 - 39.5
Disclaimer : This is my personal analysis for study purpose not intended for trading
Good one 👍👍This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
buy idbi bank 48buy idbi @48
stop loss 45.50
target 55.50
divestment going to happen in may 1st week good time to buy for 61 target
Round circle in making
Red line is resistance or consider as a target for coming days view.
Green Line is support or consider as Stop Loss if price crosses down it.
Please view the chart for the same.
IDBI Bank Leading Diagonal Wave 5 Going for 70IDBI making leading diagonal pattern after recovery from 40 odd lows.
Expecting it to move towards 70 in wave V of leading diagonal.
Stop loss as mentioned on the chart.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
Disclosures: I am holding this share currently.
#IDBI Harmonic - update#IDBI Harmonic
Sl-25
Target-60,80,100
CMP:44.70 @28 September 2021
SHARING ONLY FOR LEARNING
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalIDBI bank tested multiple times @ 44 levels
And now again at the same level
So positional bet to move up from these levels
Long time trend is downtrend, but still a chance to catch a small upside spike
Above 46 is a good level to enter, to catch 5-10% upside move
Sl could be 44 levels or 42.5 safe levels
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Note:
Levels are for learning purposes only
Do your own analysis before taking trade
IDBI bank lets see how i go idbi bank in demand zone hope market support the stock the tension between Ukraine and Russia is still tensed.
[Basket] IDBI Bank Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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IDBI SDPrice is reacting from the 6months demand zone bullish may supply zones will fail
Monthly price reacted to the monthly zone and price turns bullish from there
IDBI BANK - LongIDBI BANK looks very good stock forming higher high, higher low formations. Looks bullish in long term as well. Can breach 100 levels
After closing 52 IDBI will be 64, 84Wait For closing 52 and keep Stop loss 49.80
After closing 52 IDBI will be 64, 84
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 short termIf the chart crosses the yellow line the Price could go Bullish to the previous resistance
BUY: 51-53
SL: 45
TARGET: 62/64
And please do correct me If I'm making a mistake somewhere
IDBI BankPrevious Weekly range 53.2 to 48.3
In 15 Min Range Stock entering previous week range
If the stock opens above 48.3 it may show strength with a target of 53.25
Stock at PE of 21.5
Capital Adequacy Ratio of 14.77%
Gross NPA of 23.52%
Net NPA of 1.94%
IDBI LOOKS ULLISH FOR TGT OF 62 *IDBI*
*CMP:* 47.1,
*TGT:* 50.5, 54.7, 58, 61.5
*SL:* 43.3
*Risk Reward (RR):* 1:4
*Potential Returns :* 8%
*Potential Loss:* 32%
*Time Frame:* 4-8 Weeks
