IDBI Sideways but Breaks Through Double Top

Yes! IDBI Bank stock on NSE has finally broken its double top.  Combined with other indicators, it suggests a slow and steady upward rise.  This might be too soon to take a position, but we should get a confirmation within a couple of days whether to take a position. 

Chart Source: www.moneycontrol.com

Procter and Gamble (P&G) stock on NSE has been sideways and choppy since mid-July!  It has been falling since the last 5 days and might make a small correction within this week.

But soon, it seems set to make a strong move, mostly downwards.  Don't trade this stock for now, no clear trade signals, and a possibility of a fall.  Get set to go short if this falls!


Chart Source: www.moneycontrol.com