IDFC first bank Technically looking good its follow Elliott wave on a daily charts one cycle have almost completed or 5th wave in lettered phase progress. Its on weekly chart one impulsive move (wave1) and corrective move (wave2) have complete 0.618% beginning 3rd wave which will complete 1.618% @95 . Its minor resistance face 200SMA line @52 and falling trend line touch in this area and Harmonic XABCD pattern Completed D Point indicate reversal sing swings and Harmonic pattern target area 76-86. before investment please guide your finance adviser. thanks all of you good night
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Tomorrow corrective wave (ii) will be resolve trade initial with proper Sl below (ii) wave decide your goal