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CuriousChartist

IDFC First Bank - Multi-year Trendline Breakout

Long
IDFC FIRST BANK (NSE:IDFCFIRSTB)  
CuriousChartist  
NSE:IDFCFIRSTB   IDFC FIRST BANK
Trend Analysis Chart Patterns IDFCBANK idfcfirstbank priceactionanalysis
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trendanalysis chartpattern idfcbank idfcfirstbank priceactionanalysis
After a 4 year down trend , the price has managed to terminate that trend. Facing a resistance at 48, if it manages to cross it can quickly race to the target.
However, if not, it could most probably gather itself at 42-45 for its fresh upmove.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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