IDFC FIRST BANK have previous records and pattern and that repeat again
Technical points 1 - down rising channel 2- Strong support on bottom 3 - hold the top of fab. point 4 previous bull run was came when is go down in channel pattern
First channel performance Date 31-jan-2022 to 6-dec-2022 first reached on top of 50 and came down 28 in the channel when given reversal to 62
second channel performance 6-dec-2022 to 5-sep-2023 on the top of 62 he came down and reached 52 and than get reversal and make top of 100
third 6-sep-2023 to 27-november today now its reached at same price of 62 and create bottom now we looking for a fresh reversal and channel breakout
First TRG - 86 Second TRG -98 & 102 Third TRG 120 and above 140 SL 48
only for the long term time duration minimum 1 year