ManipulatedAnalyst

Possible Rebound (IDFC First)

Long
NSE:IDFCFIRSTB   IDFC FIRST BANK
Double Bottom, a tiny one has formed, also there is a teeny tiny divergence in RSI.
Also, the ratio of Price of IDFC First Bank to Nifty has double Bottom.

Seeing a possible rebound amid Covid-19. But it is unlikely because banking sector has been hit hard.

While the quarterly report can be a booster shot for the IDFC First Bank.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.