IDBI stock on NSE continues sideways.
It has made a double top formation at 164.5.
In between the double tops, it has also made a close double bottom around 154.5.
The stock will most probably try and break its double top. If it fails, it could be a good time to take a short position based on other confirmations.
Chart Source: www.google.com/finance
No comments:
Post a Comment
Post comments to share your thoughts and interact with me. Communication from you inspires me to keep posting !