IDFC First Bank Ltd.
IDFC First Bank Ltd.'s price is consolidating within a triangle formation on the lower side of the downtrend.
Technically 27.20 - 27.80(100EMA) are the resistances for the price. Whereas 23.50 - 22.10(50MA) are may act as support in the short time frame.
Price needs to produce a breakout from the mentioned support and resistance zone for a clear directive future movement.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
IDFC First Bank Ltd.'s price is consolidating within a triangle formation on the lower side of the downtrend.
Technically 27.20 - 27.80(100EMA) are the resistances for the price. Whereas 23.50 - 22.10(50MA) are may act as support in the short time frame.
Price needs to produce a breakout from the mentioned support and resistance zone for a clear directive future movement.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500