IDFCFIRST breakout with volumeslogics behind the trade.
1. Stock has given breakout of 51.55 with good volumes in daily Time frame
2. Result declare on 29 oct.
this are my 2 reasons to take the trade as per my risk management
my SL will me any colsing below 49.50 in Daily time frame.
All breakouts and targets are mentioned on the chart.
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Also, comments your views on this.
all the above analysis are as per my own observation and risk ape-tide ,
you may have any different views & observation, do your own study before taking the trade.
trade on your own risk, analysis is just for educational purpose.
Thank you.