Downtrend Reversal Long

IDFC FIRST BANKNSE

Description

⋅ Aug 30, 2021 7:11 PM

Stock looks good for uptrend on weekly & daily time frame. Buy according to your risk & place your stoploss below (40.75) for given targets. Also analyze on your own. Happy Trading !

Trade closed manually

⋅ Sep 28, 2021 8:27 PM

Trend Analysis Chart Patterns

Comments

solacenator

⋅ Aug 30, 2021 7:39 PM

Good catch ! It was somehow able to manage to close above the 9 ema of 43.45. Let's see how it performs from here

Prakhar_Rai

⋅ Aug 30, 2021 7:47 PM

@solacenator, yeah let's see

aakashshah0007

⋅ Aug 31, 2021 10:14 AM

@Prakhar_Rai, What should we expect after today's negative close and lower high lower low formation

Prakhar_Rai

⋅ Aug 31, 2021 12:27 PM

@aakashshah0007, Well today's formation is bad, but I'm still in this with the support of 40.75

aakashshah0007

⋅ Aug 31, 2021 1:08 PM

@Prakhar_Rai, what is the time frame in which u see target 1 getting achieved?

Prakhar_Rai

⋅ Aug 31, 2021 7:39 PM

@aakashshah0007, daily

aakashshah0007

⋅ Sep 1, 2021 3:02 AM

@Prakhar_Rai, sorry I meant , in what time (15days /1month etc) u see this target getting hit

Prakhar_Rai

⋅ Sep 1, 2021 4:19 AM

@aakashshah0007, at least 7-9days