IDFC
IDFC has support
at 51 and resistance at 56. IDFC is forming double bottom pattern on both Daily
chart and Weekly chart and having major hurdle at 56. Weekly close above 56
will see sharp upside till 64 and then to 68 mark in days to come else it could
test its support level of 51 again. It may become positionally weak if closes
below the support of 51.
Trading
Recommendation
Buy IDFC Future above 56 with Stop Loss of 51 for the initial target of 64 and then to 68 mark.
More will update soon!!
