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vasanthcse2005

IDFC First bank may follow this trend if crosses 63 mark

Long
IDFC FIRST BANK (NSE:IDFCFIRSTB)  
vasanthcse2005 Updated   
NSE:IDFCFIRSTB   IDFC FIRST BANK
Trend Analysis Chart Patterns
37
0
trendanalysis chartpattern
I have a strong feeling this time IDFC bank will go past the resistance near 63. I will double my position if we break the resistance successfully on day chart. Target is whooping 119-120 per share.
Comment:
Great show by this stock by a gap up above the resistance. Tomorrrow will be a crucial day how the market responds after this. If it opens and closes above the trend line or sideways my guess (target) is right. If not it can go down a bit or side ways below the resistance. Fingers crossed!
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