Garey_Singh

IDFC First Bank Ltd. - WEEKLY

NSE:IDFCFIRSTB   IDFC FIRST BANK
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!!
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Garey
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