Long
IDFC - Multi year break out on daily and weekly chart
IDFC LTD has established a major price breakout on daily and weekly chart. It is a multi year breakout and indicates major turnaround.
Stock price was facing stiff resistance at 67-70 range and it was rejected from this range twice in last 3-4 months.
Stock price now managed to close above 71 with good OI addition in future price.
One of the best bet for long trade with proper risk management.
Stock price was facing stiff resistance at 67-70 range and it was rejected from this range twice in last 3-4 months.
Stock price now managed to close above 71 with good OI addition in future price.
One of the best bet for long trade with proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.