IDFCFIRST BANK
IDFC First Bank has recently broken its downtrend and is now trading near key moving averages, indicating potential support around 74. With the RSI approx. 53, as of now momentum is slightly bullish, and strong volume also suggesting trader's interest. The stock could rise to the next resistance around 82-84, but it’s crucial to keep a stop loss around 70 to manage risk. Overall, it looks like a cautious buying opportunity with potential upside if the stock sustains above current levels.
Please note: It's not any buy/sell/hold recommendations. It's just for study and analysis purpose. Please do your due diligence before any trading decision.
If you like my analysis kindly like and give your feedback vijaigautam
Thanks
Vijay
X vijaigautam
Please note: It's not any buy/sell/hold recommendations. It's just for study and analysis purpose. Please do your due diligence before any trading decision.
If you like my analysis kindly like and give your feedback vijaigautam
Thanks
Vijay
X vijaigautam
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