Trip plan for IDBI

22 ต.ค. 2016

IDBI has been moving continuously in channel. Currently We have witnessed an impulse wave 3 which made high around 77. These are below few things to be noticed.

1. Impulse wave around 77.
2. Bearish Gartley with D leg almost expected around 77.
3. Previous structure resistance around 77.

I am expecting one retracement to slightly below 75 on Monday. Those having a bullish view can use it as an entry point.

24 ต.ค. 2016

บันทึก

Does not look like it going down, It gave small retracement and started upward journey.

25 ต.ค. 2016

บันทึก

A bus missed. :-) It went as per the expectation on Tuesday instead of Monday.