IDFC
- Stock is currently moving in a up channel formation and its on the edge of coming out, closes watch once IDFC closes and stays below 140 then looks weak for next few trading days.
- Intraday close watch once stock starts trading below 140, if hold below 140 during trading hours then intraday weakness is expecting.
- Stock is also suck in a range bounce zone, upper side resistance @ 154 and support @ 140, sharp movement expecting once it comes out from its range zone.
- Stock is also facing golden ratio support at current levels @ 140, once IDFC closes and stays below then weakness expecting and stock will find next support around 126 as show above in technical chart.