IDFC LTD is receiving very good support on daily EMA, also the monthly RSI looks positive. It also forms a good cup in a weekly/ monthly time frame, that is what the green line suggests at around 118.0 which might work as good support.
Stock is forming higher highs and higher lows which is he basic definition of an uptrend and has given a breakout of 15 years of range in an impulsive manner. The impulse unfolding will have a five structure of which 'Third-wave' is still unfolding. As we already know that Third waves are the wonder to behold, the Stock has a potential to reach 220-240 in the...
Stock has given a breakout of 15 years of range and rising in an impulsive manner. The impulse will be unfolding into a five structure of which 'Third-wave' is unfolding. An we already know that Third waves are the wonder to behold. Stock has a potential to reach 220-240 in the coming 1-2 years. On the downside major support is at 75. Only a sustained closing...
The chart is self-explanatory.
upside potential > 20%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
A 0% promoter holding NBFC engaged in investment activity. Now its near 52 week high . Trend shows a good upward movement , may cross 100 levels within 1-2 months time span
This is massive: IDFC Limited is coming out of a very very long consolidation. Keep a Stop Loss at 82 and go long for the medium to long term. Do not miss this big breakout.
IDFC made a small triangle breakout today for tgt near 69 where it will get ready for a bigger C&H breakout eventually. Can be bought positional as investment for next 6 months and it could prove to be a doubler.
