IDFC BANK has formed an invested hammer on weekly chart where on march last week candle is hammer pattern while followed week candle is bullish one which is giving confirmation for the pattern as the stock has closed above previous week high while in today's morning session we have witnessed a gap up move above the initial resistance zone near 50.00 levels. As long as lower levels of inverted hammer bottom is intact we remain bullish with 47.00 levels to act as strong support for short term , An initial pullback can be witnessed near 56-58 levels.