IDBI Bank on monthly charts is giving a break out .
Disclosure: I am not a SEBI certified analyst so please take your own decision before acting on this call. Further i do hold this stock in my portfolio.
Targets of that break out comes around 140+.
On weekly charts it has retraced 78.6% of total fall from 95 to 47, which is around 85. So closing above 85-86 will open the doors of 95 the 100 % retracment. The 161.8% extension of it is 125 and 132.8% extension is 111.
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