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...
📊 DETAILS Sector: Bank - Private Mkt Cap: 61,975 cr IDFC First Bank is engaged in the business of Banking Services. IDFC FIRST Bank was founded by the merger of Erstwhile IDFC Bank and Erstwhile Capital First on December 18, 2018. TTM PE : 21.29 (Average PE) Sector PE : 24.27 Beta : 1.07 📚 INSIGHTS MC Insights PRO Stock with good financial...
#IDFCFIRSTB trading above Resistance of 83 Next Resistance is at 103 Support is at 61 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...
NSE:IDFCFIRSTB ✅ #IDFCFIRSTB trading above Resistance of 76 ✅ Next Resistance is at 84 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
#IDFCFIRSTB gave an entry at 43.40 on breakout. Has moved from 43.40 to 54.15 levels. It is now trading above Resistance 1 of 50.50. Next Resistance 2 is at 58.15. 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...
IDFC First Bank Multiyear Breakout CMP 70 Potential to double hereon
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...
IDFC FIRST BANK is giving a breakout of a consolidation in a weekly chart and is now ready to move towards a target of 67 Rs. in Dec month
Falling Wedge is bullish pattern so up side move is possible when this bo happens
IDFCBank First bank is at the verge of a breakout and looks good to buy above trendline for marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Preface: IDFC First bank is ready to march upward. After making the high of 69.30, the Price has started the corrective wave four and took 179 days to complete. The ending point of wave 4 is the starting point of impulsive wave 5. Wave Formations And Fibonacci Relationships: Wave 1 is a Leading diagonal which has a 3-3-3-3-3 sub-wave structure. Wave 2 is a...
I hope you can now see how IDFCFIRSTB represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
NSE: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...
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
IDFCFIRSTB Buy-Above 52.5 Sl-48 T- 60 65 70+ Wait for trendline breakout. Momentum will come after the trendline breakout
I have added all the required details in the page and it looks like a flag and pole pattern breakout along with falling wedge pattern. Can bet good on it ! I am in !
Buy above todays high. Manage your risk. Trade with appropriate position sizing and risk management.
REASONS TO GO LONG: > PINK ZONE 46 previous resistance can act as a very good support. >@ DAILY trendline so upwardtrend is still intact unless it breaks it. We can enter @cmp with SL: 44 IF it breaks that level then we might see 36 33 levels. :