IDFCFIRSTBANK CLOSING 93.45 BEAR RISING.
BEARISH REASONS.
1. Create a bearish move and upperside selling zone.
2. Near Support Break.
3. RSI is Below 60.
4. ADX shows a downside move and -DMI is rising.
5. Also, ADX on the weekly chart shows the reversal the ADX line is at 78.62 showing some correction.
6. Also, Volume is show the bearishness.
BEARISH REASONS.
1. Create a bearish move and upperside selling zone.
2. Near Support Break.
3. RSI is Below 60.
4. ADX shows a downside move and -DMI is rising.
5. Also, ADX on the weekly chart shows the reversal the ADX line is at 78.62 showing some correction.
6. Also, Volume is show the bearishness.