Resistance (*Predicted time can be less due to more stock trading activity induced due to market fall and lockdown )
31.05 target 1(crossing and breaking previous 27.30 (-)(+) 1.25 tolerance also ) 1 month Dec
35.45 target 2 (2-3 weeks then )
47.20 target 3 (5-6 weeks or more till June end 2021)
66.95 target 4 (next to next year 2022 if all goes well of much...
IDFC bank on the daily chart making symmetrical triangle pattern (it is a consolidation pattern) after that stock gives on whichever side breakout we can take an entry
currently traded on 29rs if stock give up side by we can buy the stock and next resistance for the stock was 34,36 & 40rs
if stock give breakout to the downside so next support was 26 &...
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The stock is in uptrend since May 20 and after touching a high of 22.3 it has formed a descending triangle pattern. Currently trading at 19.15, at the verge of upside break out and RSI is also above 50 on both 1h and Daily chart. If the pattern is broken then we can see up move upto target1 22, target2 25.
