Should we buy IDBI Bank stock now?

 IDBI Bank provides a wide gamut of financial products and services encompassing deposits, loans, payment services and investment solutions.

Let’s study the daily chart of the stock for its detailed analysis.

• If you look at the chart of the stock then you will find that after long consolidation from September to January the stock gave breakout and immediate big move. But after that the stock again went in profit booking mode.
• Now the stock is again ready to give breakout and we should keep focus on it. The breakout level for the stock will be 90 and if it comes then for 10% target you can study the stock with 3–4% stop loss.
• So, the stock and its pattern is very strong right now. You should keep the stock in your focus list for the time being. For more this type of updates join the free telegram channel with the link given below.