HEAD AND SHOULDER PATTERN IN IDBIHead and shoulder pattern has been formed on IDBI Bank breakout below neckline will result in a good shorting opportunity.
TP1 - 60.95
TP2 - 59.75
IDBI trade ideas
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Strength Gaining Stock! #IDBIStrength Gaining Stock!
IDBI Bank Ltd. #IDBI
1- Cup & Handle Formation
2- Breakout Possible
3- Moving up with High Weekly Volume
Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
IDBIIDBI for long term Investment, entry in green zone only, seems good for Long from here .. Target, SL clearly given in chart
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
IDBI Buy @ 56.3Entry 56.3
SL 55.45
Qty 500
Took medium sized position as Stoploss is 1.5%
very small stoploss
price coming out of very tight range
15min candle closed above resistance and I bought when very next candle was retracing towards broken resistance for a retest
IDBI BANKIDBI BANK - Confluence of AVWAP from demand & supply area
A weekly close above 62.50 will be strong bullish breakout.
Flag Pattern The stocks on bottom of the flag pattern channel, expected targets are marked on the chart.
let's see..
BreakoutGood movement expected ,it has so many reasons for a good movement like financial for example
IDBI BankI bought IDBI Bank
Candles comfortable above 100 and 200 EMA
Manual trend is bullish
RSI is above 50 with a bullish crossover
SL below 40
T1 50, T2 70
IDBI Bank Ltd Bat pattern Trade Set UpThe idea here is about IDBI Bank Ltd:
IDBI Bank Ltd. engages in the provision of commercial banking services to retail and corporate customers. It operates through the following segments: Corporate and Wholesale Banking; Retail Banking; Treasury; and Other Banking and Group Operations. The Corporate and Wholesale Banking segment includes corporate relationship covering deposit and credit activities other than retail, as well as corporate advisory and syndication, project appraisal, and investment portfolio.
My view is bullish (Swing trade) for the below observed News & technical factors.
News: There is a potential merger up news in air at the moment of publishing this idea. Do your own research to find out more information.
Points as per TA on a Daily & Weekly chart:
1.Downtrend channel breakout & retested & trading above 200 EMA & 20 EMA support established on daily chart as per below:
2. Trading below 200 EMA & 20 EMA support established on a weekly chart as per below:
3. Anti Cypher pattern completed on weekly chart, Target 1 achieved from entry point & due to lack of momentum or global uncertainty price has been pushed below Target 1. Price has taken support on 20 EMA as per below:
4. Bat Pattern completed on daily chart, Entry point confirmed price towards target 1 as per below:
5. MACD Converging towards signal line on daily as well as monthly chart which is a signal for upward momentum as per below(daily MACD):
MACD above signal line on weekly chart.
6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily chart is strong upward momentum at the time of publishing. However on weekly it’s neutral.
7. RSI is at 53.68 on a weekly Chart and 52.63 on daily chart at the time of publishing.
8. Hull Moving average and other moving averages on weekly & monthly chart is a strong buy & on Daily Hull Moving average is sell.
9. ADX (Average directional index ) trend strength is at 20.54 on weekly & 16.58 on daily, which indicates a absent or weak trend (ADX between 0-25 is a Absent or weak trend) and 31.81 on monthly chart which indicates a strong trend .The trend seems to be picking up.
10. It is also suggested to keep a look on Bank Nifty, as its taken support on 20 EMA on Weekly and below on daily as per below :
11 Ichimoku cloud is strong upward moment for Bank Nifty on weekly and daily chart as per below :
Projected Target with %: provided in the chart as per Bat Harmonic pattern, coincidentally Target 4 of Bat is almost aligned with Target 3 of Anti Cypher.
Stop Loss: Provided in the chart for Bat .
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis.
Do leave your valuable feedback & comments for any improvisations.
Cheers.
TRENDLINE BREAKOUT WEEKLY Stock can give big moveif weekly candle closes above trendline.
20% upside in shorterm.
IDBI BANK LTDShort Term Stock (up to 1 year)
Buy - 30 to 40
Tp- 47.95, 53.40, 56.65, 65.40
Technically good.
Big bulls in this stock- LIC, GOI
Mf holdings- ICICI, INDIABULLS, MOTILAL OSWAL, MIRAE ASSET AND OTHER MORE ASSETS.
IDBI BANK LTD( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
IDBI BANK LTD. with target of RS 50 CMP IS RS 47.35
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR RS 45
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
VCP setupBreaking out of VCP action.
Good tightness in stock around pivot.
Inside day candles.
Not initiating a trade on this one as already in lot of other trades.
Watching this one!
Publishing for my own reference.
Not an investment/trading advise.
IDBIDescending triangle pattern, and it breaks out and retraces that level and also registered the bullish candle
go for long
IDBI Bank Good Buying R/RPrice @Good Level Only can consider buying ..
R/R favorable
Selling Volume Very less
IDBI STOCK ANALYSIS FOR SHORT TERM INVESTMENT IDBI ANALYSIS For 15-NOVEMBER-2021 Short Term Investment, Live Intraday Calls, Predictions, And Market Analysis
🤑🤑TRADE SETUP FOR IDBI FOR COMING WEEK🤑🤑
👉BUY IDBI ABOVE 54 WITH STOPLOSS OF 52 AND TARGET 55.50, 57.60,60.35
👉SELL IDBI BELOW 52 WITH STOPLOSS OF 53 WITH TARGET 51.25, 50.50 AND 49.59
✅ IDBI SUPPORT AND RESISTANCE LEVELS
SUPPORT 1 - 52.50
SUPPORT 2 - 51.25
SUPPORT 3 - 50.50
RESISTANCE 1 - 54
RESISTANCE 2 - 55.50
RESISTANCE 3 - 56.45
🔎 HASHTAGS 🔎
#tradenxt
#shotterminvestement
#investement
#bankniftyanalysis
#bankniftylivetrading
#livetrading
#stockmarketanalysis
#stockmarketanalysis15nov2021
#IntradayTrading
#IntradayCalls
#BankniftyPredictions
#StockMarketPredictions
#bankniftytomorrowprediction
#niftyanalysis
#niftypredictions
#bankniftyoptions
#niftyoptions
🔎 DISCLAIMER 🔎
NOTE: THIS VIDEO IS FOR EDUCATION PURPOSES ONLY KINDLY USE YOUR KNOWLEDGE AND STRATEGIES TO TAKE OR INITIATE A TRADE.
#trendanalysis #bankniftytrend #bankniftyview #bankniftytradesetup #bankniftytrading #bankniftyanalysis #bankniftyoptions #bankniftylevels #bankniftyfuture #bankniftytips #bankniftypredictions
IDBI taking offIDBI bank is ready for a new 52 week high by simple flag pattern and by bounceback from 0.5 level of Fib Retracement
IDBI Bank has a really good cup and handle formation IDBI Bank has a cup and handle formation and took support of 0.5 retracement level at 49.75 in the previous trading session so I think it is ready for a move till 80
IDBIDisclaimer: All Videos/Information on this channel are for Education purpose only .They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investment decisions.
