IDFCFirstB seems to be forming a Falling Wedge Pattern in the Daily charts. A break above 43 could signal a breakout on the upside. Could see upside towards 48-50 band. A fall below 37 could negate the pattern.
After a long time day candle has closed above the 50 DMA. Sentimental RSI indicator is also green .This looks bullish set up. I would keep a stoploss near 39.50 - 40. My near term target would be 50.
Happy Trading and Investing!!!
