Stockmarketlearner2020

IDFC First Bank ( Most awaited move to come

NSE:IDFCFIRSTB   IDFC FIRST BANK
15051 views
50
Created double bottom at 17 - 18.50 has strong support. reached 25 level in 1st week June, then after was in consolidation phase for on month been in range 25- 29 range. if sustain in 29 level than we can see break out to 32.80. ( most awaiting price action from this counter).

There are possibilities can reach till 40 levels.

Comments

This is a time where market is not driven by technicals but the emotions. Stay aware.
+14 Reply
Deepak_dc93 Anujbaid007
@Anujbaid007, Emotions of others is where we traders take advantage
Reply
sir i were bought 140 share at 28.50. what should i do? hold ? sell?
+9 Reply
@Harshsoni1997, 140 shares is not big amount. you can stay invested for 6 months.
+2 Reply
Stockmarketlearner2020 Stockmarketlearner2020
@Stockmarketlearner2020, This is only my opinion, as I am also holding shares with positive directions.
Reply
Deepak_dc93 Harshsoni1997
@Harshsoni1997, Hold it till u get into profit dont get into emotions and sell
Reply
correction in daily charts is not complete yet. do check for crossover at 20 EMA & 50 EMA at daily, hourly charts before investing for a short term
+7 Reply
Yes I m with you
+1 Reply
It may good for long term due to banknifty was weak it will consolidation phase few more weeks. so short term is not best option for this. And also more liquidity in cash market it may not move fast
Reply
Rectangular pattern one of the best patterns to trade with
Reply
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