IDFC FITST BANK : Rebound from the support level of 52 ish .
Sitting near the recent resistance.
Major resistance level to test is at 65 .
Still under 200 SMA
MACD went above 0 which is a positive sign.
The pull back from the support level of 52 shows the interests of buyers.
A few green candles closing above 200 SMA and staying afloat above 200 SMA will be crucial in coming days.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Sitting near the recent resistance.
Major resistance level to test is at 65 .
Still under 200 SMA
MACD went above 0 which is a positive sign.
The pull back from the support level of 52 shows the interests of buyers.
A few green candles closing above 200 SMA and staying afloat above 200 SMA will be crucial in coming days.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.