IDFC

IDFC seems to make a rounding type of top. this stock is in a process to make a lower high and lower bottom kind of pattern as it is in a process to make a lower low. Today’s close is at 102.90. The targets on the down side can be set at 100.50 & 98 initially. Further targets

might be achieved but it will be set only on hit of the second target and not now. A strict Stop Loss can be maintained at 104.85 on closing basis.