IDFC first bank is looking good for buy side...CMP @ 44.70IDFC first bank is looking good for buy side...CMP @ 44.70 Good stock for bottom fishing with SL 43.50
IDFC
IDFC First BANK Long SetupBuy IDFC FIRST BANK at 52.50 with Stop loss of 48 for the target of 58 and 61 and 68
idfc first bank bullish shark long termBank is following the shark harmonic pattern in monthly time frame. Trend line breakout was seen at 35 rupees which was best to enter the stock . Now the target point according to shark can be either .886 to 1.13 range which completes at point D as we see in all other harmonic patterns . Now, B to D(1.618) must be near to point D as much as possible. So, we used point D at 1.13 not .886 . According to this pattern our potential reversal zone range is 83.35-89.90. Maintain stop loss of 55.60 on candle close basis, use one day candle for this.
Please share & like the idea if you liked the work and support it.
good luck
IDFC bank triple digit before Diwali
strong up-move
Multi-year trend-line break
strong support over 48
50 EMA above 200 EMA
good buying volume
Can show levels near 100 before Diwali
READY TO RACEBest Opportunity For Swing Traders💕
Level Mentioned On Chart.
Follow For More Updates @prasanna09
📌Key Highlights:
🔺BO On Daily Time Frame
🔺Cup And Handel
Live Challenging Signal BUY IDFC @ 50.10Live Challenging Signal BUY IDFC @ 50.10
Signal Specification
Pair: IDFC
Entry Type: Buy
Entry1: 50.10
Tp: 58.90
Sl: 47.65
R/R: 3.71
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Forex Tamil
Great Achievement IDFC Our target was hit exactly in 31 days.
Hope everyone could understand the price action.
We also give the reason why you should take the trade.
It also reversed exactly from the target.
IDFC First Bank (Potential Long term trendline Breakout Soon)Technicals : Weekly timeframe is suggesting to Go Long, Also support from EMA's ,ADX, MACD & last but not the least RSI above 60
My View : Go Long at current levels & keep adding on dips
Trgt is near 82
IDFC Limited Bullish Peanut FlagIDFC is forming the bullish peanut flag and it's near to breakout, Wait for the breakout confirmation.
Is IDFC FIRST BANK a multibagger ?BUY between levels of 36-40 and put a stoploss at 34 .
TARGET : 46,48.
IDFC at bounced from an important pivot? Move up to continue?IDFC FIRST BANK: The stock has taken support at multiple pivots and bounced with strength. The momentum is positive as shown by MACD as it is above the zero line in positive mode. The RSI is displaying strength above 50 levels on the daily charts. A strong close above 43 will be very positive with stock and it can move to 46 levels. A move below 40.50 will not be favorable for being in long positions.
#IDFC ready for buy? @in_tradingviewNSE:IDFC
IDFC Positional Buy
RSI making higher highs
Price supporting At 31.5
Breakout above 35.6
T 38, 40, 42, 48
Sl - 29.4
IDFC CAN BE BULLISH SOONin.tradingview.com
This is my opinion on IDFC LTD do your own research before taking a position.
Happy Trading!!!
IDFCFIRST BANK Cup and Handle BreakoutNSE:IDFCFIRSTB
Cup and Handle Breakout Done. Since this stock is following Nifty, the move will continue till Nifty is above 11000.
Targets: 54,59,64
SL: 50
