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Idfcfirstbank

Double Rounding Bottom | HDFC BANK1️⃣ News on HDFC Bank 📍IPO Launch: ₹12,500 crore IPO for its subsidiary, HDB Financial Services 📍Profit Growth: 5.3% increase in net profit for the last quarter 📍Stock Surge: HDFC Bank shares have risen nearly 20% in three months 📍Market Position: High market cap and favorable investor sentiment 2️⃣Technical Analysis ⭕️Support around ₹1,500; important for maintaining upward momentum. ⭕️Breakout above ₹1,700 for potential buy signals. ⭕️Moving averages indicate bullish momentum. ⭕️Overbought territory suggests potential short-term corrections. ⚠️Conclusion Strong fundamentals, including solid revenue growth The merger with HDFC Ltd. enhances its market presence, but it faces some margin pressures. Overall, it’s a good time to buy HDFC Bank stocks for long-term stability and growth, while keeping an eye on potential short-term volatility. ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:HDFCBANK
by ReviveTraders
MY first choice IDFC FIRST BANK IDFC FIRST BANK have previous records and pattern and that repeat again Technical points 1 - down rising channel 2- Strong support on bottom 3 - hold the top of fab. point 4 previous bull run was came when is go down in channel pattern First channel performance Date 31-jan-2022 to 6-dec-2022 first reached on top of 50 and came down 28 in the channel when given reversal to 62 second channel performance 6-dec-2022 to 5-sep-2023 on the top of 62 he came down and reached 52 and than get reversal and make top of 100 third 6-sep-2023 to 27-november today now its reached at same price of 62 and create bottom now we looking for a fresh reversal and channel breakout First TRG - 86 Second TRG -98 & 102 Third TRG 120 and above 140 SL 48 only for the long term time duration minimum 1 year
NSE:IDFCFIRSTBLong
by Share-Mechanic
"It’s been a year now—could this be the turning point?"❓What do you think about this merger and future growth of IDFC First Bank? ⭕️"Can IDFC First Bank still become the next HDFC Bank?"⭕️ 📍An order block zone is a price range where large institutions have placed significant buy or sell orders, creating strong support or resistance. These zones often lead to price reversals or consolidations 📍It help traders identify where the "smart money" (institutional money) has previously influenced the market, giving insight into likely future price reactions around these levels. ✅Technical Analysis:- "For now, there is a bearish trend with a strong sell sentiment. However, once the order block is confirmed, the price may shoot up like any other stock." ✅Fundamental Analysis:- ⚡️A rise in IDFC Ltd could enhance sentiment towards IDFC First Bank. ⚡️Increased stock may improve the combined entity's market valuation. ⚡️profit after tax of ₹201 crore for Q2 FY25, up 28% compared to last year ⚡️The merger aims to enhance operational efficiencies and align management practices with leading private sector banks ✍️Nifty50 is officially below the BUDGET2024 swing low as of today. The support level of 23900 was tested and sustained today. Considering the chart structure more weakness is expected.(Take this into consideration too, while investing or trading) 👀IDFC First Bank's stock has declined recently due to the following issues: ⭕️The bank experienced a 10% drop in net profit for Q4 FY24 ⭕️Provisions increased to ₹722 crore, raising concerns about managing non-performing assets effectively 💡Conclusion🎯 IDFC First Bank has established itself as a significant player in the Indian banking sector, focusing on retail and corporate banking services. The recent merger with IDFC Ltd. is expected to enhance its growth trajectory and operational efficiency. ✅Check out my TradingView profile to see how we analyze charts and execute trades. ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:IDFCFIRSTB
by ReviveTraders
IDFC FIRST BANK - BREAKOUT / BREAKDOWNYou guys are smart if you really know how to trade this Pattern ! A rectangle chart pattern forms during a period of consolidation, where the price moves between parallel support and resistance levels. This pattern indicates indecision in the market, with buyers and sellers in equilibrium. The price bounces between these horizontal levels multiple times, creating a rectangular shape. Traders look for a breakout from this range to signal the next move. A bullish breakout occurs above the resistance, while a bearish breakout happens below the support. Volume typically decreases during the formation and spikes during the breakout, confirming the pattern’s validity. Clear Accumulation/Distribution Happening, pay attention even if you dont want to trade it's fine !
NSE:IDFCFIRSTB
by piyushbafna000
IDFC | All Trendline Bull Breakout at the Same Time⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡FNO Stocks Trading📉📈📊 ✅Check out my TradingView profile to see how we analyze charts and execute trades. ✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
ILong
by ReviveTraders
8
IDFC | Long Term | Cycle RepeatsThe lifecycle of a stock or asset can be broadly understood through a series of phases or stages that represent different patterns of price action. These stages help traders and investors identify where a stock might be in its cycle, and therefore make more informed decisions. Here's a breakdown of the typical lifecycle of a stock: Stage 1: Accumulation (Consolidation) Description: During this stage, the stock price moves within a relatively tight range, often after a significant decline or during periods of low market interest. This stage is characterized by low volatility and low trading volumes as institutional investors or informed insiders begin to accumulate shares without significantly moving the price. Market Sentiment: Neutral to cautiously optimistic. Price Action: The stock trades sideways, with minor ups and downs, creating a base or a foundation for the next move. This is also known as the consolidation phase. Technical Indicators: Moving averages might flatten out, and other indicators like the Relative Strength Index (RSI) tend to stay neutral. Stage 2: Markup (Rise) Description: In this stage, the stock begins to rise steadily, often breaking out of the consolidation range established during Stage 1. This is when the broader market starts to take notice, and buying interest increases. Market Sentiment: Bullish, with increasing optimism and momentum. Price Action: The stock shows a clear uptrend, making higher highs and higher lows. The volume often increases as more participants enter the market. Technical Indicators: Moving averages typically start to slope upward, and momentum indicators like the RSI often move into overbought territory, though they can stay elevated for extended periods during strong trends. Stage 3: Distribution (Consolidation) Description: After a significant rise in price, the stock enters another consolidation phase. This is where the stock price begins to level off after the uptrend, as early investors and institutions start to take profits. Market Sentiment: Mixed to cautious. Some participants are still bullish, while others are looking to exit. Price Action: The stock may trade within a range, similar to Stage 1, but typically at a higher price level. The volatility might increase as the market tries to determine the next direction. Technical Indicators: Indicators like the RSI may show divergence (price making new highs while RSI makes lower highs), signaling weakening momentum. Volume might increase as selling pressure begins to meet or exceed buying pressure. Stage 4: Mark Down (Bearish) or Markup (Bullish) Description: This stage can diverge into two different directions: Bearish (Markdown): If the stock breaks down from the Stage 3 consolidation range, it enters a downtrend. Selling accelerates as more investors look to exit, leading to a decline in the stock price. Bullish (Further Markup): Alternatively, the stock might resume its upward movement, leading to another rise if the overall market conditions remain favorable and demand continues. Market Sentiment: Bearish: Sentiment turns negative, with increasing fear and pessimism. Bullish: Sentiment remains positive, driven by continued optimism or external factors like strong earnings reports. Price Action: Bearish: The stock makes lower lows and lower highs, confirming the downtrend. Bullish: The stock breaks out of the range to the upside, continuing its uptrend. Technical Indicators: Bearish: Moving averages may cross downward (e.g., the "death cross"), and RSI can drop into oversold territory. Bullish: Moving averages continue to trend upwards, and RSI can remain in overbought territory. Cycle Repeats: Once Stage 4 completes, the cycle can begin a new. After a markdown (bearish phase), the stock might enter another accumulation (consolidation) phase as the price stabilizes, setting the stage for a new potential uptrend. Conversely, if the stock continues to rise in the bullish scenario, it may eventually enter a new distribution phase at a higher level. Understanding these stages helps traders and investors to anticipate potential moves in the market, allowing them to position themselves accordingly.
I
by balacc
IDFC FIRST BANKI am posting this idfc first bank chart third time, idfc bank in 4th elliot wave as per bigger time frame chart it will need to form 5th wave. we can see a corrective wave of abc to form 5th wave so I am sharing two cases in this script: - in 1st case if last low doesn't broken it will come around 71.35 then it will go around 95 target - in second case it will go below last low around 69 levels then it will go around 88 levels, it will give breakout of 84 zone Thanks
NSE:IDFCFIRSTB
by THINKLIKEATRADER
Multipattern Analysis on IDFC First Bank!NSE:IDFCFIRSTB Analysis! Multipattern Analysis on $NSE:IDFCFIRSTB! Analysis on a Weekly Timeframe! Analysis: I have done the overfall analysis of IDFCFIRSTB since its inception. It looks very complicated but if you know all the patterns it is just like anything. I have combined all the patterns with the Support and Resistance Trendline. Don't get confused. Read the chart thoroughly and you'll get a better idea of where to enter and where to exit. As you can see in Chart 3 most important reversal patterns are there. 1) Triple Bottom Pattern 2) Double Bottom Pattern 3) Inverted Head and Shoulders Pattern Now the price is moving in a parallel channel but we can see the Flag and Pole Pattern Formation is going on. Aggressive investors can enter at current price levels as the price is above 50EMA. But my suggestion would be to enter only after the upside channel breakout. Trade Setup: Entry= Current levels are good for aggressive investors. Conservative investors can enter after Flag/upper channel breakout Target= Nearest Possible Target would be 100.70(New All-Time High Level) Stop Loss= Below 75.66 Disclaimer = Consider my analysis for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:IDFCFIRSTBLong
by Avinash9087
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.
ILong
by S_Rawat