IDFC First bank Short Strategy

We can entry a trade if it gives a clear green candle breakout above 75rs in a day candle, and expect a short term level of 78rs and if it breaks 78rs we can expect simultaneous target to be achieved, Make sure to set a stoploss just below the breakout candle.

As IDFC First bank has given news regarding the merger we can expect a good move on monday market.

Cheers happy trading!


disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk