Finaticks

IDFCFIRSTB is now in a bullish zone

Long
NSE:IDFCFIRSTB   IDFC FIRST BANK
Following are the observations in IDFCFIRSTB :

1. Broke trend line resistance
2. Broke horizontal resistance
3. In another view, it also broke double bottom chart pattern
4. Volume recorded is also good

Point of concern : SMA 200 is the immediate resistance.

Area of accumulation - 51₹ - 53₹

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