IDFC First Bank Ltd (IDFB) Break out level.
Today momentum created in IDFC first bank stock.
With high volume. Price increase.
If tomorrow open 46 good buying opportunity.
Time to go for long. Next target 48.50, 51, 55. Thank you
Preface:
IDFC First bank is ready to march upward. After making the high of 69.30, the Price has started the corrective wave four and took 179 days to complete. The ending point of wave 4 is the starting point of impulsive wave 5.
Wave Formations And Fibonacci Relationships:
Wave 1 is a Leading diagonal which has a 3-3-3-3-3 sub-wave structure.
Wave 2 is a...
