GOOD BREAKOUT FOR IDBI
All years long monthly trendline breakout supported with huge volumes due to good quaterly results. Gross and Net NPA are at all time low and highest ever profits recorded in this quater.
Technically speaking the charts are very strong and forming a rounding bottom on monthly charts.
Entry should be near 70 to 80
Targets can be 100/120/150/200
Holding period - Minimum 2 to 3 years.
Technically speaking the charts are very strong and forming a rounding bottom on monthly charts.
Entry should be near 70 to 80
Targets can be 100/120/150/200
Holding period - Minimum 2 to 3 years.
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