Hindu New Year pickIDFC 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 consult your financial advisor before taking any action.
IDFC
Strong Breakout in Idfc ltdEverything is already explained in chart stock trading above moving averages
Breakout in monthly timeframe
IDFC - Ichimoku Bullish Breakout 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 helping hand to learn trading in Market.
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IDFC LTDWatch for a triangle breakout to take entry.
Possible breakout on either sides.
On Long - T1 68.50.
On Short- T1 62.50.
Note : Should go only after a breakout.
IDFC : Looking Strong
Good Day ,
Hello Traders,
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.
Targets for the coming months : 81.85 & 94 . Wait for the bigger target 127.85
Time Frame : Weekly
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
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IDFC - Multi year break out on daily and weekly chartIDFC 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 trade with proper risk management.
IDFC chart analysis for swing trade IDFC chart analysis for swing trade (15 min)
Entry & exits are given on chart.
only for learning, trade at your own risk.
IDFC Rounding Bottom !!NSE:IDFC
#NSE:IDFC formed beautiful rounding bottom.
levels marked on chart for easy understanding.
Do not enter unless you are not familiar with Support or SL.
IDFC Limited A New Beginning on upside Entry zone - 64-66
Sl below 59
Target 83-110
Timeframe - 1 month to 3 months
Disc - not a trade recommendation. NSE:IDFC
IDFC - INTRADAY SETUP - 10/02/2022IDFC 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 analysis..take call at own risk .!
HAPPY TRADING. !!
IDFC breaking 14 yrs channel patternNSE:IDFC
IDFC wright time to buy. can start investing gradually
breaking 14 yrs channel pattern
fundamentally also strong stock.
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
IDFC Ready To BreakoutIDFC- Buy Above 55
Sl- 50
T-63 68+
The stock has recently take support from the weekly trendline and bounced .
Buy Above the given level.
Positional Buy Trade opportunity | IDFC FIRST BANK | MID-TERMNSE:IDFCFIRSTB
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 my own study/opinion, it is not a trade recommendation**********************
Please Consult your financial advisor before making any investment.
Breakout @ IDFCBreakout above the Old High, Break out above the trend line.
Volume Supported the Breakout.
Can see Short Term Target between 70 to 75 on charts.
if it created base above 75 then we can see 100 in coming months.
Take a Positional Trade
BUY IDEA Bullish-Head and Shoulder pattern
Targets-67,78,89,107+
SL on the chart
take the position at your own risk.
IDFC FIRST BANK "BUY CALL" 14% TARGETThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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Maverick Trader
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IDFC Price Pediction and Technical AnalysisIDFC is moving in Falling Wedge in longer time frame but in short time frame it is moving in rising wedge pattern.
We can see some correction in IDFC and all the given support and resistance is marked as a red line and accordingly you can buy or sell
IDFC Ltd- Nearing LongTerm Channel BreakoutIDFC has not Created any value for its shareholders in past 14 Years, However stock is trading at a inflection point Currently. Will we see the channel breakout here in IDFC? Only time will tell. However Interesting times are ahead for IDFC Ltd.
Management has talked about shareholder value creation few days back and they are serious about divestment of AMC Business, this will be value assertive for IDFC Ltd.
IDFC Ltd- A Interesting Case of UndervaluationIDFC is a Parent Company of IDFCFirst bank which holds Approx 37% Stake in IDFCFirst Bank.Currently IDFCFirst bank has a Valuation of 31000Cr. 37% will be Valued at 11000Cr.
IDFC also has Mutual Fund Business with 1.26LCr AUM. Recently Listed Aditya Birla AMC has a AUM of 3.1Lakh Cr. So Market is Valuing 1LCr AUM of AMC at 6000Cr Mcap. By this Logic, IDFC AMC should be valued at 7500Cr.
In Totality IDFC Business could be Valued at 18500Cr.
Current Marketcap of IDFC is Just 8500Cr, A Whopping Discount to its Holding Value. Market will discover this value and bet on IDFC, If they are bullish on IDFCFirst bank.
idfc ltd bullish harmonicsonce this red trendline is breached upside on close basis long in delivery for target of 73
good luck
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trade at your own risk