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IDFC

Double Rounding Bottom | HDFC BANK1️⃣ News on HDFC Bank 📍IPO Launch: ₹12,500 crore IPO for its subsidiary, HDB Financial Services 📍Profit Growth: 5.3% increase in net profit for the last quarter 📍Stock Surge: HDFC Bank shares have risen nearly 20% in three months 📍Market Position: High market cap and favorable investor sentiment 2️⃣Technical Analysis ⭕️Support around ₹1,500; important for maintaining upward momentum. ⭕️Breakout above ₹1,700 for potential buy signals. ⭕️Moving averages indicate bullish momentum. ⭕️Overbought territory suggests potential short-term corrections. ⚠️Conclusion Strong fundamentals, including solid revenue growth The merger with HDFC Ltd. enhances its market presence, but it faces some margin pressures. Overall, it’s a good time to buy HDFC Bank stocks for long-term stability and growth, while keeping an eye on potential short-term volatility. ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:HDFCBANK
by ReviveTraders
IDFC FIRST BANK - BREAKOUT / BREAKDOWNYou guys are smart if you really know how to trade this Pattern ! A rectangle chart pattern forms during a period of consolidation, where the price moves between parallel support and resistance levels. This pattern indicates indecision in the market, with buyers and sellers in equilibrium. The price bounces between these horizontal levels multiple times, creating a rectangular shape. Traders look for a breakout from this range to signal the next move. A bullish breakout occurs above the resistance, while a bearish breakout happens below the support. Volume typically decreases during the formation and spikes during the breakout, confirming the pattern’s validity. Clear Accumulation/Distribution Happening, pay attention even if you dont want to trade it's fine !
NSE:IDFCFIRSTB
by piyushbafna000
IDFC | All Trendline Bull Breakout at the Same Time⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡FNO Stocks Trading📉📈📊 ✅Check out my TradingView profile to see how we analyze charts and execute trades. ✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
ILong
by ReviveTraders
8
IDFC | Long Term | Cycle RepeatsThe lifecycle of a stock or asset can be broadly understood through a series of phases or stages that represent different patterns of price action. These stages help traders and investors identify where a stock might be in its cycle, and therefore make more informed decisions. Here's a breakdown of the typical lifecycle of a stock: Stage 1: Accumulation (Consolidation) Description: During this stage, the stock price moves within a relatively tight range, often after a significant decline or during periods of low market interest. This stage is characterized by low volatility and low trading volumes as institutional investors or informed insiders begin to accumulate shares without significantly moving the price. Market Sentiment: Neutral to cautiously optimistic. Price Action: The stock trades sideways, with minor ups and downs, creating a base or a foundation for the next move. This is also known as the consolidation phase. Technical Indicators: Moving averages might flatten out, and other indicators like the Relative Strength Index (RSI) tend to stay neutral. Stage 2: Markup (Rise) Description: In this stage, the stock begins to rise steadily, often breaking out of the consolidation range established during Stage 1. This is when the broader market starts to take notice, and buying interest increases. Market Sentiment: Bullish, with increasing optimism and momentum. Price Action: The stock shows a clear uptrend, making higher highs and higher lows. The volume often increases as more participants enter the market. Technical Indicators: Moving averages typically start to slope upward, and momentum indicators like the RSI often move into overbought territory, though they can stay elevated for extended periods during strong trends. Stage 3: Distribution (Consolidation) Description: After a significant rise in price, the stock enters another consolidation phase. This is where the stock price begins to level off after the uptrend, as early investors and institutions start to take profits. Market Sentiment: Mixed to cautious. Some participants are still bullish, while others are looking to exit. Price Action: The stock may trade within a range, similar to Stage 1, but typically at a higher price level. The volatility might increase as the market tries to determine the next direction. Technical Indicators: Indicators like the RSI may show divergence (price making new highs while RSI makes lower highs), signaling weakening momentum. Volume might increase as selling pressure begins to meet or exceed buying pressure. Stage 4: Mark Down (Bearish) or Markup (Bullish) Description: This stage can diverge into two different directions: Bearish (Markdown): If the stock breaks down from the Stage 3 consolidation range, it enters a downtrend. Selling accelerates as more investors look to exit, leading to a decline in the stock price. Bullish (Further Markup): Alternatively, the stock might resume its upward movement, leading to another rise if the overall market conditions remain favorable and demand continues. Market Sentiment: Bearish: Sentiment turns negative, with increasing fear and pessimism. Bullish: Sentiment remains positive, driven by continued optimism or external factors like strong earnings reports. Price Action: Bearish: The stock makes lower lows and lower highs, confirming the downtrend. Bullish: The stock breaks out of the range to the upside, continuing its uptrend. Technical Indicators: Bearish: Moving averages may cross downward (e.g., the "death cross"), and RSI can drop into oversold territory. Bullish: Moving averages continue to trend upwards, and RSI can remain in overbought territory. Cycle Repeats: Once Stage 4 completes, the cycle can begin a new. After a markdown (bearish phase), the stock might enter another accumulation (consolidation) phase as the price stabilizes, setting the stage for a new potential uptrend. Conversely, if the stock continues to rise in the bullish scenario, it may eventually enter a new distribution phase at a higher level. Understanding these stages helps traders and investors to anticipate potential moves in the market, allowing them to position themselves accordingly.
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by balacc
IDFC FIRST BANKI am posting this idfc first bank chart third time, idfc bank in 4th elliot wave as per bigger time frame chart it will need to form 5th wave. we can see a corrective wave of abc to form 5th wave so I am sharing two cases in this script: - in 1st case if last low doesn't broken it will come around 71.35 then it will go around 95 target - in second case it will go below last low around 69 levels then it will go around 88 levels, it will give breakout of 84 zone Thanks
NSE:IDFCFIRSTB
by THINKLIKEATRADER
IDFC LTDNSE:IDFC Best Buy : At CMP ie.122 or @128+ Stop Loss : 105 Targets : 145/155/165/180/200+++ Introduction: IDFC Limited, a financial institution with a focus on infrastructure financing, can enhance its market position and investor confidence by capitalizing on a breakout scenario from a falling wedge pattern, supported by a combination of technical indicators and fundamental metrics. Technical Analysis: Breakout from Falling Wedge: The stock is currently exhibiting a falling wedge pattern, indicating a potential reversal of the existing downtrend. A breakout above the upper trendline of the wedge could signal a bullish momentum shift. Support from 200EMA: The 200-day Exponential Moving Average (EMA) is providing substantial support to the stock's price action, reinforcing its significance as a long-term trend indicator. This adds further weight to the potential reversal signaled by the falling wedge breakout. EMA Cross of 20 and 200: The crossover of the 20-day and 200-day EMAs suggests a strengthening of the bullish sentiment in the short to medium term. This confluence of moving averages enhances the credibility of the anticipated trend reversal. Support from Trend Line: In addition to the falling wedge pattern, the stock is finding support from an established trend line, further validating the potential for a bullish breakout. Fundamental Analysis: PE Ratio of 5: IDFC Limited boasts a favorable Price-to-Earnings (PE) ratio of 5, indicating that the stock is reasonably priced relative to its earnings potential. This metric reflects positively on the company's valuation and attractiveness to investors. Thanks Disclaimer: This idea is shared for educational purposes and should not be interpreted as financial advice. Please conduct your own research and consider your individual financial circumstances before engaging in any trading activity.
ILong
by S_Rawat
#IDFC long trade idea setup (counter trend) 18/11/23Greetings Folks, today I have prepared a setup of IDFC on NSE the analysis is as follows- - the price faced a sudden downfall due to the RBI negative news - price broke down the trendline support and has swept all the liquidity from the trendline swept the liquidity in easy language means sucking the power of trendline and now its baseless - price has made a huge imbalance which needs to be covered quickly for efficient price action - take profit is mentioned, don't be greedy as we are counter trend trading don't play with fire, always use a predefined stoploss
NSE:IDFCFIRSTBLong
by profitpujari
1
IDFC LTD: DIWALI PICK 2023 Stock is forming higher highs and higher lows which is he basic definition of an uptrend and has given a breakout of 15 years of range in an impulsive manner. The impulse unfolding will have a five structure of which 'Third-wave' is still unfolding. As we already know that Third waves are the wonder to behold, the Stock has a potential to reach 220-240 in the coming 1-2 years. On the downside major support is at 75. Only a sustained closing below 75 will force us for the re-assessment the idea. Until then we are aggressively bullish on the stock for 220-240 zone and beyond that in the coming years. Happy Diwali #Diwali2023
ILong
by TradingSutra
9
IDFC LTD: DIWALI 2023 PICKStock has given a breakout of 15 years of range and rising in an impulsive manner. The impulse will be unfolding into a five structure of which 'Third-wave' is unfolding. An we already know that Third waves are the wonder to behold. Stock has a potential to reach 220-240 in the coming 1-2 years. On the downside major support is at 75. Only a sustained closing below 75 will force us for the re-assessment of the idea. Until then we are aggressively bullish on the stock for 220-240 zone and beyond that in the coming years. Happy Diwali #Diwali2023
ILong
by TradingSutra