Sunday, April 9, 2017

Technical Analysis of IDFC Limited (NSE India) on 9 April 2017

Technical Analysis of Indian Stocks: IDFC Limited (NSE India) on 9 April 2017

This is no buy/sell recommendation – just a trial to see if Technical Analysis (works to an extent) in NSE – India.

Technically, IDFC is reversing from a Double Bottom of ~50. If it can break Resistance at 60, next Supply Zones are 64.50, 68 and 72.

Prediction: Enter expecting at least 64.50 (with SL @ 53).



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