IDFC FIRST BANK is making a classic running flat on 1 hour time frame, also breakout is happening for upside, you can look to enter in lower time frame with any flag or flat, keep your stop below the breakout impulse, and take profit near mentioned level, also note that mentioned level is a monthly top, so it might reverse after breaking that top or keep going upside so that is level of caution, i won't recommend you hold your trade after price touch that level, even it goes further upside just wait for it to make corrective pattern for further buying.
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it has extended its pattern previous c wave is b wave and now we are waiting for c wave to complete the pattern
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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.