IFB : this would be the third breakout attempt in last 5 -6 years
Stock is in strong uptrend and the strength seemingly suggest a strong upmove likely in short to medium term perspective
stock is up by almost 50% in two months suggest the strength and outperformance
support at 1270-1240 area while with the intensity of this breakout in consideration , can test...
This stock is forming a clear cup & handle pattern and we can enter in it after breakout of handle.
Entry :1070
Target 1 (Few days) : 1186
Target 2 (Few weeks) : 1456
SL : 995