IFB Cup & handle breakout

١٨ نوفمبر ٢٠٢٣

Purely technical view for educational purposes only

IFB is one of the leading brands of electrical appliances.
Stock has given Cup & handle breakout with volumes.
Good stock for positional targets of 1330, 1480.
SL is below 850 WCB.
Try to accumlate in range of 960-980 for better risk reward ratio.

Breakout reason is company has declared good Q2 2024 results.

٣ يناير ٢٠٢٤

تم فتح الصفقة

stock has retested breakout and showing strength.

٢٤ يناير ٢٠٢٤

ملاحظة

Massive move seen today.

٢٩ يناير ٢٠٢٤

ملاحظة

1328 high made. Almost T1 achieved!Stock is now charged up for ATH

٤ أبريل ٢٠٢٤

ملاحظة

New ATH made by stock as expected.
1600 from 1000

١٧ مايو ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف