Good trade GB ... please use 315 bullish crossover as your SL for this trade. Please note that the 315 bearish crossover was generated at 205 levels so IDFC has already fallen 30 points (more than 15%) from that point. It also gave a ADD short trade at 190 and now at 178.
However, worth highlighting the 4 whipsaws IDFC gave before giving this sell signal...... classic case of rangebound market followed by a strong trend.... (please check before the 4 whipsaws... IDFC buy signal gave 30 point bullish move).
Cheers
SH