Positional Buy Trade opportunity | IDFC FIRST BANK | MID-TERM

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IDFCFIRSTB

On Daily time frame, it is still trade below 200DMA.
200DMA is placed at 53.05 level.

Also it closed in the resistance zone of 52- 52.50.
It will be bullish once it give sustainable breakout of 54 level or 200DMA.

All the targets are mentioned on the chart.

Please refer below chart : 1day Time Frame.



***************Please note this is my own study/opinion, it is not a trade recommendation**********************
Please Consult your financial advisor before making any investment.