Kindly take entry once u get a proper reversal or breakout from the levels, please support my views
Historical chart respect channel trend trget for next jan 3800 will it achieve???
Price after getting rejected from November 2019 went down big and reached the same levels in November 2020 to get rejected once again. It is a big bull run from the triangle pattern breakout and to reach the same levels once again, so there should be possible trend line break down till the support level at least. If you find my analysis helpful . . . . ....
Note: This is for educational purpose only. There seems to be a bullish flag pattern breakout with good volume. There seems to be a breakout in RSI as well. Moreover, RSI above 65 indicates bullish momentum.
IFBIND breakouts and next target will be 750 Rs.
Relative Strength of the stock Compared the Nifty 50 is moving above 0 line form couple of sessions on daily chart. ( RS Learning courtesy : Premal Parikh) There is also a breakout of the downward channel on weekly chart. Because of the lock down, as there are less domestic helpers at households, there is increase in demand for white goods which might result in...
One can buy this positional and wait for the tgts mentioned in this chat.if the closing is above 556 lvl one can expect 600 in near days.
All details available in Chart, Do like & Folllow US
WEEKLY BREAKOUT IN IFB IND WITH HIGH VOLUME BUY ABOVE 575 TARGETS ARE 600/700 SL: 545
BUY IFB INDUSTRIES @ CMP 552 STOP 495 FOR TARGETS OF 700/841.
1.VOLUME 2.PRICE NEAR TO THE BREAKOUT 3.RSI TAKE A HOLD ON 60 4.RS LOOKS STRONG ON DAILY CHART TIME PERIOD 55