R became S. still wait for trend line breakout and can take entry.
IDBI 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...
lets see how i go idbi bank in demand zone hope market support the stock the tension between Ukraine and Russia is still tensed.
Note - 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. ======= I use shorthands for my trades. "Positional" - means You...
IDBI BANK looks very good stock forming higher high, higher low formations. Looks bullish in long term as well. Can breach 100 levels
Wait For closing 52 and keep Stop loss 49.80 After closing 52 IDBI will be 64, 84
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
If 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
Previous 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* *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
NSE:IDBI IDBI bank is forming. Double bottom pattern a good chance for a long position
Details are on chart. Feel free to share your response!!
important levels................................................................
This scrip is expected to give breakout in the coming days as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
IDBI Bank has huge volume . . . it has been accumulated well enough Recent breakout on daily time frame. Once can purchase it for 2X target in 5-6 month frame if the trendline is broken in near future. Near time resistance is at 67.5, if broken one can see it going towards 100 Disclaimer: This is an educational chart setup and not any kind of recommendation Pls...
Long IDBI . target1 63 target 2 80, views are for 6 months to 1 year. Good value unlocking is still pending in psu banks.
Suggestions are based on my analysis only. Please do your analysis before taking any trade.