Infrastructure Development Finance Company Limited
Symbol: IDFC
Suggestion: Buy, Stop loss at Rs. 90
Open 91.00
High 99.20
Low 90.50
Last Price 98.20
Fig. 1: Price movement (1) - IDFC
Figure 1 shows the movement of stock price of IDFC ltd. It also shows a trend line which the stock has started following recently (from last 3-4 sessions). The direction of the trend is upward, but nothing can be said about the life of this trend. So it also possible that it is a whipsaw. In order to figure out this, further tools are used as shown below.
Fig. 2: Price movement...


