IDFC First Bank Ltd.
Long
Aggiornato

IDFCFIRSTB towards 60. Strength in Hourly Charts.

288
Idea #4
Trailing Win Rate: 66% (for the past 3 ideas published)

Inspite of the rate hike talks by the Fed yesterday, Indian markets have performed exceptionally well today and especially the banking sector. Nifty Bank recovered well and IDFCFIRSTB is on the verge of long-term breakout of 4 years.

Conservatively it is likely to reach 60 but if it reaches 60, it is a breakout on the 4-year downward sloping trendline.

Long at CMP for an eye on 60. Stop loss is dynamic.
Trade attivo
Long at 57.35
Nota
Trade Holding. SL not hit.
Nota
Holding trade.
Trade chiuso: obiettivo raggiunto
Close trade. Profit. Sold @ 58.70

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