IDFCFIRST BANK - Completed retracement and waiting for Gunfire
IDFC First Bank after the head and shoulder pattern has retraced to price levels of @ 40 INR. I has resumed its upward journey is nearing long term resistance. In last rally it has tested this resistance of @ 51.5 and tested it and had moved further. In this rally if it breaks price of INR 52 on closing basis it will be headed for next resistances as marked on the charts.
Only for academic purpose.
Only for academic purpose.
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