IDFC First Bank - Trade setup
Bullish trade
Stock is currently in downtrend
Rounding bottom formation in daily chart, neckline breaks at 51.40 that indicates trend reversal
Go long after this neckline breaks, keep a SL of 45.50 below on closing basis
Pattern will have potential to touch previous swing high that was 61-62
Stock is currently in downtrend
Rounding bottom formation in daily chart, neckline breaks at 51.40 that indicates trend reversal
Go long after this neckline breaks, keep a SL of 45.50 below on closing basis
Pattern will have potential to touch previous swing high that was 61-62
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