IDFC has been creating the right shoulder of this inverted Head and Shoulder for many days. if it is able to break out above 85, there is quick potential for 87/94. Buy with stop loss 82. Please like & follow me for next update.
9 & 20 MA about to cross 50 MA RSI crossed 40 levels on the downside increasing RED volume once it breaks the previous candle's low, chances are getting short trade for the RRR 1:2
IDFC/NSE Break Out Long time downtrend line & performed Inverse Head & Shoulder Pattern. A long with long term
IDFC LTD LONG TERM VIEW Entry Stoploss & Target are given
Wait for monthly close over the channel pattern. Keep it in watchlist and wait the entry. Monthly breakout is very good for big move
idfc after long time trend line resistance breakout done, now expected big move
Stock gives monthly breakout, having great potential to move higher. It already break and retest the previous structure.
So Folks, Here we looking at the 1W/1M downtrend line has been tested more than twice and now it's time for momentum! Once the consolidation done over 65-71 range and if 71 price get breaks and closed by a bull, can expect for momentum swing upto 94 as first target!
Good bounce to sell & exit from stocks Upcoming 2-3 days very critical so exit the stock @ rs 65
Even if IDFC is going to touch the upper line of current trend, It still is going to get to the middle line of current trend before any bullish or bearish movement takes place.
As History of this Stock clearly shows whenever stock price kisses 200DEMA strong support & bounce back with morning star candle on daily chart pattern in upcoming 2-3 sessions it gains 10-15 points very quickly.. & that is just beginning the Target of 75 is just matter of time.. Happy investing :)
Respected 200DEMA very strongly Target 84 in this week without any break
My positional view on IDFC LTD NSE:IDFC After a long bull run, IDFC can correct up to 61.50 and 57.10. This could be best level to go for long again. My target will be level of 77.70 Stop loss will be 52 Note: This is my personal analysis, only for learners.
RSI below 20 Strongly oversold stock Best entry point @67 rs Target of 75rs
Right time to buy IDFC At this price RSI Showing great indication of sudden upside rally taking strong Support from here
RSI below 40 Surely it will see upside rally from support of 68 Short term target 81rs
RSI already all time HIGH @80 SELL everything for short term Book all profits now IDFC AT ITS ALL TIME HIGH Todays sell target 67
NSE:IDFC is going to touch upper trendline . This is just to keep on the watchlist as the stock did not broke or even retest. Hence will update based on stock movement.