IDBI Bank printed yesterday huge upmove pushing through the long trendline break. This is encouraging for price move towards the 70 area with min move towards the 60. Strong buy here and dips to 43 (if any) with stop loss as a tad around the 38 handle. This is a. despite the stronger down move b. if the market moves up particularly bank nifty it would be out performer near to medium term.
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