IDBI : Red band Resistance on a monthly time
frame.
There is a Buy triggered on a daily time frame at 100 but on a monthly time frame there is a major Red Band Resistance.
On a 3 Month frame also it is almost sitting just above and around Red band Resistance.
To continue the rally these Red Band resistances needs to be cleared off for IDBI.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
frame.
There is a Buy triggered on a daily time frame at 100 but on a monthly time frame there is a major Red Band Resistance.
On a 3 Month frame also it is almost sitting just above and around Red band Resistance.
To continue the rally these Red Band resistances needs to be cleared off for IDBI.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.