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
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
Our most harmonic pattern hit the target, it takes efforts to study technical analysis so if you like the idea, please share & like the idea thanks
trade at your own risk
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
READY TO RACEBest Opportunity For Swing Traders💕
Level Mentioned On Chart.
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📌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 Limited Bullish Peanut FlagIDFC is forming the bullish peanut flag and it's near to breakout, Wait for the breakout confirmation.