IDBI
Stock has closed above 61.8 % retracement levels at 130 which is a bullish sign; however there is resistance at 133 odd levels a close above it can lead the stock to 145-149 levels.
Important levels to watch are 110 on the lower side which is also the best region to buy this stock in case of retracement. Also watch for 133 and then 145-149
Traders short in the stock can keep a SL of 135 on closing basis while longs SL is at 123 or 110 as per ones capacity
My personal view is that as long as 123 level is held by the stock we have a high chance of seeing levels of 145-149
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