IFCI STOCK HAD GOOD VOLUME TODAY. DOUBLE BOTTOM IS SEEN BREAKING OUT. TODAY’S BREAKOUT HAS BREACHED PREVIOUS RESISTANCE ALSO. HENCE BULLISH VIEW IS CREATED HERE. LONG POSITION CREATED TARGETING PRICE AT NEXT RESISTANCE LEVEL. STOP LOSS IS NOT AT THE BOTTOM OF DOUBLE BOTTOM BUT FIXED EQUIVALENT TO THE REWARD EXPECTED.
IFCI – BULLISH- DOUBLE BOTTOM
