IDFC
IDFC FIRST BANK As in weekly candle it didn't closed above that green trend line , so it could test below red line or (78 -- 79) level within this week, if sustains above these in weekly then it could move upwards to 96 ( 9th Sep 2024 ) and 120 within or on Nov 2024 or could hit above within K / P Arc
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
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.
IDFC LTD DAILY 200 EMAIDFC LTD is receiving very good support on daily EMA, also the monthly RSI looks positive. It also forms a good cup in a weekly/ monthly time frame, that is what the green line suggests at around 118.0 which might work as good support.
#IDFCFIRSTB long trade idea setup (28/01/24)Greetings Folks,
today I have prepared a setup of
NSE:IDFCFIRSTB
on NSE
the analysis is as follows-
- The price is losing the bearish strength after looking at the current market structures
- good buying volumes took place in last trading day
- if the price breaks out the resistance zone marked in the chart, then we may expect bullish rally
don't play with fire, always use a predefined stoploss
IDFC First BankThe Stock has given a beautiful breakout and is about to retest it levels and give a good confirmation to enter in this stock, targets are huge as per my analysis. Targets are 100,124,145 respectively
Only for Educational Purpose
Do your own research
#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
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
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
#IDFC LONG TRADE SETUPGreetings Folks,
today i have prepared a setup of IDFC on NSE
the analysis is as follows-
- The price made a steep 1 candle huge fall
- quick retracement is highly possible
- i am expecting a gap up tomorrow, above the resistance , have also marked the immediate next resistance
don't play with fire, always use a predefined stoploss
IDFC LTD - 70% RETURNS!!!BUY - IDFC LTD
CMP - Rs. 100
Target - 1: Rs. 120
Target - 2: Rs. 145
Target - 3: Rs. 170
.
.
Technicals - Resistance BO
.
NOTE: 1) Tentative period for Target - 1 is 3-4 months.
2) Tentative Period for Target 2&3 is 1-2 years.
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
IDFC - Long Setup, Move is ON...#IDFC trading above Resistance of 117
Next Resistance is at 181
Support is at 77
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IDFC @Sagar11662IDFC is in parallel channel since IPO and there is strong probability that it may try to BO the channel and look for All time high price.
Please keep your stop loss
Idfc Limited - Long Setup, Move is ON...#IDFC trading above Resistance of 95.70
Next Resistance is at 117
Support is at 77
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IDFC LTD.The chart is self-explanatory.
upside potential > 20%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
IDFC First Bank Multiyear Breakout CMP 70IDFC First Bank Multiyear Breakout CMP 70
Potential to double hereon
IDFCFIRSTB towards 60. Strength in Hourly Charts.Idea #4
Trailing Win Rate: 66% (for the past 3 ideas published)
Inspite of the rate hike talks by the Fed yesterday, Indian markets have performed exceptionally well today and especially the banking sector. Nifty Bank recovered well and IDFCFIRSTB is on the verge of long-term breakout of 4 years.
Conservatively it is likely to reach 60 but if it reaches 60, it is a breakout on the 4-year downward sloping trendline.
Long at CMP for an eye on 60. Stop loss is dynamic.
IDFC First Bank - BreakoutHello All,
Greetings!
IDFC Bank Shows Breakout
it has been very clear that IDFC Banks Chart shows clear breakout from from Downtrend Triangle Pattern.
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
IDFC FIRST --SWING TRADE --28/02/2023IDFC FIRST BANK --SWING TRADE --28/02/2023
1. stock seen lower channel breakout last hourly candle
2. support form around 54 level and move above 21, 44 HMA on hourly chart
3. BUY near 55 LEVEL target 56-57-58 ( 1-2) session stop loss bellow 53.25 level
4. bank nifty seen some pullback from oversold level
5. CCI , ema crossover seen .
** THIS IDEA IS EDUCATIONAL PURPOSE ..trade at own risk ..
HAPPY TRADING .!!
IDFC Limited Fresh BreakoutThis is massive: IDFC Limited is coming out of a very very long consolidation. Keep a Stop Loss at 82 and go long for the medium to long term. Do not miss this big breakout.
