IDFCFIRSTB trade ideas
IDFCFIRSTB conditional buy Buy only if day closing is above 57.8 & corresponding volume above 56 M.
Target- 68.2 in 2-3 weeks.
Reason- Ascending triangle breakout, (formed at second should of H & S pattern).
Confirmation- RSI
Note: Only enter if day closing is above 57.8 & volume above 56 M, else don't enter.
IDFC FIRST BANK ::: BULLISHDATE: 11 MAY 2021
INSTRUMENT: IDFC FIRST BANK
TREND: BUY
TIME FRAME: DAY
CMP: 56.25
BUY ABOVE: 56.50
STOP LOSS: 54
TGT 01: 59
TGT 02: 62
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