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Risk Reward =1:1
Making higher highs and lower lows , breakout from previous high and upset momentum is expected.
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Stock Ticker – NSE: IDFCFIRSTB – IDFC First Bank Ltd. – FINANCIAL SERVICES
Bullish Trade plan:
Entry Level 59.20 Target 64.63 Stoploss 53.63
Analyst Rating – :5/5
View Posted on 2021-05-24
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Hi,
Avoid minor trends, Minor trends are unimportant and can be misleading. Minor trends are short-term movements lasting from one day to three weeks. Dow believed the primary trend instead of the secondary trend or minor trend.
While analyzing Dow theory it’s always good to mark all major tops and bottoms with two years of data.