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IDFC Ltd

IDFC has broken out of inverse head and shoulders pattern and is in a clear uptrend.
The increased volumes are supporting the breakout and long should be initiated for returns of around 20% which is 2.24 times the risk as mentioned in chart.
For conservative traders who like to confirm a breakout should wait for the price to retest the blue line and then go long.
Chart PatternsTechnical IndicatorsTrend Analysis

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