IRCTC has seen a breakout of long downward sloping resistance trendline adjoining highs of January 17 last year. The stock has formed long bullish candletick pattern on the daily charts, with robust volumes.
The Nifty is maintaining robust bullish momentum, spurred by a breakaway gap, with 21,000 identified as a psychological target and the next milestone set at 21,500.
IDFC First Bank has seen a horizontal resistance trendline breakout adjoining multiple resistance points. The stock has formed bullish candlestick pattern with upper shadow on the daily charts, with above average volumes.