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CMP : Rs 93.80
IDFC Still testing my patience. Upside now limited to 97… the upside band is getting
decreased day by day…. And this is not a huge consolidation…. It may be a good
breakdown pattern below Rs 88
Tracking this pattern right from 02, Aug, 2008 onwards just have a look
Descending Triangle Pattern in IDFC
IDFC 30 min Charts
And from the inference of 30 min charts IDFC giving a good clue to short
IDFC futures for a target of 90 and 88. And Breaking below the support
could make this stock to crack for a further target of 78 and 75
