1) In weekly TF we can see a flag and pole pattern formation and taking support from 200 MA
2) In daily TF we can see falling wedge pattern BO and consolidation below 200 MA
3) In daily TF we can see a triangle pattern formation ,after breakout of triangle pattern and price above 200 MA, we can see short term target of 5-7% and long term target of 15-20-25%
As one can see on the chart that IDFC FIRST BANK share at breakout level if we will get breakout then we might see target as mentioned on chart.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are...
IDFCFIRSTB in the list, As per the analysis this is in the entry zone with a strong support. I am looking forward for a decent returns in coming weeks.
Note: Only for Educational purpose and its not a advise or call.
IDFC First Bank after the head and shoulder pattern has retraced to price levels of @ 40 INR. I has resumed its upward journey is nearing long term resistance. In last rally it has tested this resistance of @ 51.5 and tested it and had moved further. In this rally if it breaks price of INR 52 on closing basis it will be headed for next resistances as marked on the...