IdfcFirstB saw its great run from 20 to 69.46. The stock is been falling since June from 61.90 to 53.52.
On the 15 min time frame its forming a symmetrical Triangle.
54 is also the current strong resistance, If the triangle Breaksout on the upperside i.e above 54, then it will reach the target of 55. 55 will also act as crucial resistance ( As per current data).
If the Stock Fail to cross 54 on the upper side it will surely meet 53.4 on the downside.
For Educational Purpose only :)
Happy Charting. Have a profitable Day.
On the 15 min time frame its forming a symmetrical Triangle.
54 is also the current strong resistance, If the triangle Breaksout on the upperside i.e above 54, then it will reach the target of 55. 55 will also act as crucial resistance ( As per current data).
If the Stock Fail to cross 54 on the upper side it will surely meet 53.4 on the downside.
For Educational Purpose only :)
Happy Charting. Have a profitable Day.