IDFC first bank inverted head & shoulder view

- first breakout failed at the range of 82
- 2nd breakout failed at the range of 70
- crossed below the parallel channel midline (range 70)
- Oct monthly candle already touched pivot S1 due to market correction.
- In case monthly pivot S1 does not support. This fall might continue

important zone for accumulation / fib golden ratio 61.80 / range below 59-50

I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.

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Chart PatternsTrend Analysis

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