RaK24965

RaK24965

Stock is consolidating like four years and very less returns since covid compared to other stocks. the stock is consolidating for last 4 years and tend to give a breakout very soon.

RaK24965

Stock is making lower lows and rejecting from same level indicating bulls accumulating at higher levels breaching that same stock shall provide short term gains.

RaK24965

cup and handle formation signifying consolidation volumes RSI showing strengths

RaK24965

trendline breakout sustaining lower levels good fundamental nifty 50 stock increasing volume at trendline breakout

RaK24965

Pattern formed - Double Bottom Trendline support Good Upside Potential Low Risk Good fundamentals of the company

RaK24965

though it looks like a normal cup pattern there is accumulation and i think it will move further.

RaK24965

out of accumulation and been holding lower levels rising rsi

RaK24965

double bottom reversal done entry can be taken low beta stock thus less risky #trading view

RaK24965

Trendline support took retracement till 100.6(61.8% retracement) lets see closing today

RaK24965

IFB will soon touch 1500+ , double bottom W pattern aided by volume