Double bottom pattern was formed in Daily chart of IDFC FIRTS Bank, wait for the the Neckline breakout on closing basis (@above 89.5). upon confirmation of neckline breakout the next possible target's are at 96.
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Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance
Comment:
IDFC FIRST BANK NOW AT VERY CRUCIAL JUNTURE, JUST ABOVE THE NECKLINE BREAKOUT @90. Soon it should march toward the possible target of 96 in coming week.
Trade closed: stop reached:
script to weaken further till near term support of 84.