NSE:IDFCBANK is approaching its strong resistance zone of 65-66,which has acted as resistance for around an year.We may see a quick reversal or if it consolidates then this time it may break out of the zone ,and may reach 80 levels.Also this time bullish crossover of 20,50EMA has occurred and it`s trending above 200 EMA ,so chances are in favor of breaking the resistance
So we must have a keen watch on these levels
So we must have a keen watch on these levels
I will watch tomorrow for break of todays high 63.8, if it does then it may go to 65-66