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stevenwilson2402
Mar 16, 2021 5:42 AM

At Fib retracement of 23% Long

IDFC FIRST BANKNSE

Description

IDFCFIRSTB is at 23% Fib retracement. Keep accumulating till 38% retracement levels upto 60.45 for targets of 83+

SL below 59-60 CLBS

Comments
ujjwalkumaragarwal
Good analysis! Is it still good to hold for swing trading or better to exit? Please share your valuable inputs. Thank you.
stevenwilson2402
@ujjwalkumaragarwal, Keep holding.. do not ever exit this counter.. keep adding at lower levels.
ujjwalkumaragarwal
@stevenwilson2402, - Thank you for building the confidence. Any particular targets for April? I am thinking to liquidate certain quantity in mid April due to some cash requirements. Could you please kindly advise any targets (approx) for April mid. Thank you once again and looking forward for your kind response.
stevenwilson2402
@ujjwalkumaragarwal, it is taking support at 50EMA with RSI healthy of 48. If market supports it can touch targets of 70.

do not hold beyond 51 if you have a short term view.

Take position at your own risk. advice is for educational purposes
ujjwalkumaragarwal
Thank you so much! 😇
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