IDFC ready for swing trade. Only after entry gets activated
IDFC is at their AOI. having multiple reasons for taking position price action + indicator.
reasons:
1. at trendline support
2. at 200ema support
3.bullish candle at AOI
4.RSI divergence
5. MACD bullish crossover.
I think this much of the reasons are enough to take trade hahah. Usually more conformation leads to confusion about trade but very rarely it is seen that all the signals are positive. Still no one can be sure about the market move, because market is superior. Take position after doing your own analysis.
reasons:
1. at trendline support
2. at 200ema support
3.bullish candle at AOI
4.RSI divergence
5. MACD bullish crossover.
I think this much of the reasons are enough to take trade hahah. Usually more conformation leads to confusion about trade but very rarely it is seen that all the signals are positive. Still no one can be sure about the market move, because market is superior. Take position after doing your own analysis.