IDFC First Bank ( Most awaited move to come

IDFC FIRST BANKNSE

Description

⋅ Jul 21, 2020 3:44 AM

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.

Trend Analysis

Comments

Harshsoni1997

⋅ Jul 28, 2020 7:03 AM

sir i were bought 140 share at 28.50. what should i do? hold ? sell?

Stockmarketlearner2020

⋅ Jul 30, 2020 12:10 PM

@Harshsoni1997, 140 shares is not big amount. you can stay invested for 6 months.

Stockmarketlearner2020

⋅ Aug 10, 2020 6:25 PM

@Stockmarketlearner2020, This is only my opinion, as I am also holding shares with positive directions.

Deepak_dc93

⋅ Aug 8, 2020 12:43 PM

@Harshsoni1997, Hold it till u get into profit dont get into emotions and sell

Anujbaid007

⋅ Jul 25, 2020 11:03 AM

This is a time where market is not driven by technicals but the emotions. Stay aware.

Deepak_dc93

⋅ Aug 8, 2020 12:42 PM

@Anujbaid007, Emotions of others is where we traders take advantage

drkaurani

⋅ Jul 21, 2020 2:39 PM

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

Deepak_dc93

⋅ Aug 8, 2020 12:41 PM

Rectangular pattern one of the best patterns to trade with

Selina_Mary

⋅ Jul 30, 2020 11:36 AM

Stay diligent.!Market is not rallying because of technical factors

Shubham_Prime

⋅ Aug 5, 2020 5:22 AM

@Selina_Mary, Then What are the factors other then technical. Because even some fundamentally strong companies are not doing well & vice versa.