On Daily Time frame First it is going in Down-ward Channel and then it Shifted to Upward Channel and Now,
We can see the where the price is.
Act Accordingly.
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Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IDFC has been creating the right shoulder of this inverted Head and Shoulder for many days. if it is able to break out above 62, there is quick potential for 69/71. Buy with stop loss 57.
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IDFC first has formed triangle pattern, breaking above supply zone expected to reach the given target with below demand level as stop loss level
Let's see
'Happy Investing!.
The trend started from jun 2022 still continuing with the bullish price action in Weekly TF.
Although Its visible that price soon enters into supply zone and also generated Bearish Cypher Harmonic Pattern with level of .786 at price 60.70.
Levels are already mentioned in to the chart.
Any rejection on upper side leads price to 50- 52.
so do accordingly.
If...
