1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
IDFC Ltd -> Monthly chart
As we can see in the chart, the stock was facing resistance from the same trend line from 2008, that is last 14 years.
This month, although 3 market days are left, it looks like the breakout will happen.
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please...
Stock Name - IDFC Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 77
#This is not Buy and Sell recommendation to any one. This is for education purpose and a...
Good Day ,
IDFC looking strong as it is sustaining above 70 and it already did a breakout of the Trendline from the past (2008 / 2010 / 2015 / Aug 2022).
People look for HDFC's , TCS's , RILs of the world. This is coming up as a good opportunity to invest for longer time frame.One can buy it with the Stop Loss of 61 and sit tight.
IDFC LTD has established a major price breakout on daily and weekly chart. It is a multi year breakout and indicates major turnaround.
Stock price was facing stiff resistance at 67-70 range and it was rejected from this range twice in last 3-4 months.
Stock price now managed to close above 71 with good OI addition in future price.
One of the best bet for long...
IDFC PICK INTRADAY as on 10/02/2022 ,, Bullish Triangle and trendline breakout seen on 15 min chart at closing session today.. RSI seen above 60 level and above WMA which is strong bullish signal .. MA ADX also turn green.
BUY IDFC intraday @ 65
TARGET 1 - 66
TARGET 2 - 67
STOP LOSS - 63.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE..please do own...
On Daily time frame, it is still trade below 200DMA.
200DMA is placed at 53.05 level.
Also it closed in the resistance zone of 52- 52.50.
It will be bullish once it give sustainable breakout of 54 level or 200DMA.
All the targets are mentioned on the chart.
Please refer below chart : 1day Time Frame.
***************Please note this is...