IFBIND trade ideas

SHRIHARII Updated 

IFBIND 1) Time Frame - Weekly. 2) The Stock has been consolidating in a downtrend channel since 2021 & Now It has given a 3 years Downtrend breakout with huge volume & strong bullish candle close in weekly. 3) The next target / resistance would be its previous life time high (1546.95 - 24.5% from the current price 1241.95). 4) Recommendation - Strong Buy

tradewithamey_ Updated 

Purely technical view for educational purposes only IFB is one of the leading brands of electrical appliances. Stock has given Cup & handle breakout with volumes. Good stock for positional targets of 1330, 1480. SL is below 850 WCB. Try to accumlate in range of 960-980 for better risk reward ratio. Breakout reason is company has declared good Q2 2024 results.

IOTABHI Updated 

Date : 31-03-2024 Buy IFBIND @ CMP Target of 1549-1605-1721-1894 SL 1301 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few weeks Please consult your financial advisor before investing All research for educational purposes only. Stock is ready to cross past barriers with good volumes

Marketik Updated 

as you can see flag & pole pattern in chart , various indicators also supporting and most importantly it has consolidated very long .

Marketik Updated 

-3 year old trend + Rsi breakout -rise in volume + strong closing -keep in radar above 1140 -my target is 2000 from here

cbk257

stock : ifbind trade : long (cash segment) buy @ 1523 above sl @ 1495 target 1 @ 1570 target 2 @ 1590 target 3 @ 1620 target 4 @ 1660 note : this information is only for education

GOUTAM3

long term consoledation brack out done,and this stock trade above all mooving avg.before brack out this stock consolidate near resestance jone.

GreyandWise

Volume buildup in daily and weekly timeframe in past few days. Presently on all time high, if closes candle above the 6year old or all-time high than can give good reward. NOTE: i do my analysis, do your before trade.

Swing_Trading_Chart

Multiyear breakout possible in Ifb Industries Limited next week

krishnakhanna

IFBIND can it rise towards 1627 / 1709 / 1841 in next few months? Looks likely with Q1 RRG and ATH

ShubhamKatiyar

One can watch for reversal from the marked levels.. we are on the weekly time frame so patience is a must! above this marked all-time high level, once broken, it will touch 2000 level & even more. Thanks

VigneshIyer Updated 

Weekly charts for this week should be interesting. 3 working days vs 6 working days last week vs normal 5 working days. Starting with #IFBindustries which has broken out of channel, interesting and worth keeping eye on. good Gudiance was given by management last quarter in earnings call. Worth keeping eye on

SwingtradesbyAbhishek

IFBIND - Weekly breakout with huge volumes after 3 years! Great price action with good upside potential. Waiting for a good dip to buy would give a nice 1:2 Risk reward.

LOGESHWARAN_B

the stock performed a channal (consolidated more than 3 years) and broken out

Flash_J Updated 

IFB Industries- 0.618 retracement done on monthly long back. For the past 2 years, its undergoing a big flag pattern. So will explode once it breaks up. The point to be noted is, even if it breaks up in daily, wait for the weekly candle close atleast for safe trade. If not keep the stop loss as the candle close within the channel after breaks up. Paisa double...

Swing_Trading_Chart

Cup and handle breakout in Ifb Industries Limited with very high volume

Swing_Trading_Chart

Downtrend trendline breakout with high volume in IFB Industries Ltd

TradingBanker

➡️1000+ day descending channel breakout ➡️promoter holding ~75% ➡️debt reduction ➡️aims to achieve sustainable double-digit margins by the end of Q4 Cons: ➡️High P/E ➡️competitive segment