IDBI BANKCup and handle pattern breakout expected on daily. Above 44 good long expected. strong bullish candle on weekly. Inverted hammer like structure on daily pattern. Analysis for educational purpose only.
IDBI trade ideas
IDBI setup for 7yr TL breakout / 3yr Cup and HandlePSUs have come into action again.
Buy as it cleans out this week's wick on the upside.
IDBI Bank - can it become LIC Bank?? If yes ....Share price is dependent upon the Govt.s decision on disinvestment. An inverse head & shoulders pattern is observed. Over a long period, the price could be reaching levels which I am able to identify will be more than mentioned in the charts. May be LIC will take complete control??
IDBI MONTHLY DESCENDING TRIANGLE PATTERN * FOR EDUCATIONAL PURPOSE ONLY
THE STOCK HAS FORMED A DESCENDING TRIANGLE PATTERN READY FOR BULL RUN ONCE MONTHLY CLOSE ABOVE 45 IS ACHIEVED
IDBI - Triangle patternPrice forming a triangle pattern and when it goes to the support trend line it would be a good bet for long with calculated risk. Long way to go
Ascending tringle Breakout likely in IDBI at CMP. Buy above 40.2Ascending triangle pattern formed in hourly chart. buy only if it sustains above 40. Sl 38
IDBI BANK - TARGETS ARE HIGHAs the floating stock is less (95% with GOI and LIC), the price fluctuates highly. Better for entry at lower levels of 33-35.
IDBI - BuyIDBI is looking good on Daily and weekly chart. It has pulled back to the breakout zone and formed a bullish engulfing candle. Buy with a SL below the demand zone on closing basis.
IDBI Bank Positional IDBI Bank breaking long term trendline (10 years), due to LIC IPO it may see a bounce back. Its a positional buy and may convert into long term investment
IDBI BankSimple Price and Volume Analysis.
3 times Rejection from 50WMA and now price is able to close above 50WMA with gud volume.
IDBI - IDBI BANK LTD Bullish!ON 12TH MARCH Watch for IDBI.
SHORT TERM AND POSITIONAL CALL FOR TARGET 41/42/43.70
STOP LOSS: 35.0
Highlighted in rectangle to Mark Trend Reversal after previous 2 day short covering and ready to move up.
1) MACD -Good
2) RCI - Good
3) Volume - Good
Looks positive move from here
Other technical aspects
1) Moving Averages: BUY
2) Technical Indicators: STRONG BUY
3) Only concern is Overbought, but since market seems to be positive on 12th March 2021, script seems good to move.
RSI(14) 71.261 Buy
STOCH(9,6) 70.427 Buy
STOCHRSI(14) 89.344 Overbought
MACD(12,26) 1.780 Buy
ADX(14) 50.217 Buy
Williams %R -12.821 Overbought
CCI(14) 119.5536 Buy
ATR(14) 2.4071 High Volatility
Highs/Lows(14) 3.5786 Buy
Ultimate Oscillator 50.706 Neutral
ROC 18.238 Buy
Bull/Bear Power(13) 6.0820 Buy
Summary: STRONG BUY
NOTE: THIS IS TRULY BASIS MY FINDINGS AND ANY POSITION OR TRADE ON THIS STOCK WILL BE AT YUR OWN COST, TIME AND RISK.
IDBI BankGood Breakout
Keep n eye
Till staying above 35 may move towards resistance zone of 43-45 and then more
IDBI Long ViewClosing Basis Bullish Above 45.20.
Disclaimer:- Before Trading On My Views, Take Advise Of Your Financial Advisor. I Am Not Responsible For Your Profits And Losses.
IDBI BANK BUY CALL FOR SHORT TERM INVESTORAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
IDBI Trendline breakout - SwingNSE:IDBI Levels already mentioned.. Look for Swing..
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can be accumulated at cmp with SL 26 for target 52 turn around stock for long-term target 78 and above.
IDBI bank for long (Only for educational purpose)May consider for long position after your own analysis. Seeing reverse head and shoulder like pattern and a breakout.
