I'm Finally Blasting "IFB" Industries :) - Part 2
IFB Industries on a longer term has formed a Big Flag Pole pattern and Cup and Handle Pattern.
After the Flag BO, it is creating newer patterns - Watch from Right to Left - as the stock increases it is creating Fresh Rounding Bottom patterns at each step - each Cup (Rounding Bottom) bigger than the previous one causing bigger upside Targets
Targets
1) 1500
2) 1990
3) 2800
4) 4000
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
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-Team Stocks-n-Trends
After the Flag BO, it is creating newer patterns - Watch from Right to Left - as the stock increases it is creating Fresh Rounding Bottom patterns at each step - each Cup (Rounding Bottom) bigger than the previous one causing bigger upside Targets
Targets
1) 1500
2) 1990
3) 2800
4) 4000
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
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