Long

IDFC - Multi year break out on daily and weekly chart

IDFC LTD has established a major price breakout on daily and weekly chart. It is a multi year breakout and indicates major turnaround.
Stock price was facing stiff resistance at 67-70 range and it was rejected from this range twice in last 3-4 months.
Stock price now managed to close above 71 with good OI addition in future price.
One of the best bet for long trade with proper risk management.
IDFCTrend Analysis

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