Break of 100DMA today!
Break of 100DMA in the past has often resulted in big upmoves in IFCI ...past occurrences in October 2017 and December 2017...
Trade idea:
Buy at CMP
Target towards 200DMA of 20.60 and target 2 of 22
Stop loss below 100 dma of 16.00
Attractive Risk-reward ...can consider long via options
Break of 100DMA in the past has often resulted in big upmoves in IFCI ...past occurrences in October 2017 and December 2017...
Trade idea:
Buy at CMP
Target towards 200DMA of 20.60 and target 2 of 22
Stop loss below 100 dma of 16.00
Attractive Risk-reward ...can consider long via options