IDFC (Infrastructure Development Finance Company) has been exhibiting a promising setup on the daily timeframe. The stock appears to be on the brink of a significant breakout above the key resistance level of 115.
Technical Analysis:
Channel Formation: Over the past several trading sessions, IDFC has been consolidating within a well-defined channel...
Hello All,
Greetings!
IDFC Bank Shows Breakout
it has been very clear that IDFC Banks Chart shows clear breakout from from Downtrend Triangle Pattern.
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your capital.
I hope...
IDFC is moving in Falling Wedge in longer time frame but in short time frame it is moving in rising wedge pattern.
We can see some correction in IDFC and all the given support and resistance is marked as a red line and accordingly you can buy or sell
