IDFC FIRST BANK IS READY FOR INVESTMENT FOR TILL NEXT DIWALI 2021 AND CAN SEE LEVELS OF 50-60 IN NEXT 6-8 MONTHS LEVELS ARE MARKED ON THE CHART
Okay, this is for long term investors. If you are not a long term investor, the idea might not interest you but please continue to read and let me know what you think. :) So, let's talk trend-lines first. On Monthly charts, the stock is showing an up trend formed by higher highs and higher lows, well barring one red candle. Also, there is another trend-line...
A descending triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not 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...
IDFCFIRSTBANK broken its neckline in previous day session. However shorting below 28 is recommended with SL 29.6. There's increase in vol when started falling in handlle formation. It indicates the weakness Target and trading plan is mentioned in the chart. Also, it is forming H&S as well. If it closes below 28, H&S pattern will also gets completed.
IDFC First Bank is forming an Inverted Head & Shoulders Pattern on 120 Mins Time Frame. Initiate Long. Target : 34 Stop Loss : 26
Here you can see a triangle has been formed, the rally after breakout has somewhat exhausted yet, the price is taking support from the 200MA which is a good sign for the stock to still go higher. You can take a position if you want on Monday, @33.20, and Target for 1st Target: Between 36 to 37 2nd Target: Between 41 to 42 SL: Look for a right SL in a smaller...
REFER CHART TO LOOK FOR IMPORTANT LEVELS..!!!
Many Chart Patterns here: Many Inverse Head & Shoulder Target 38. Thiough in the short run crossing 32 would be a challenge as the momentum indicators have got oversold.
Stock ( NSE:IDFCFIRSTB ) looks bullish, important levels are entry range : 28-29.5 stop loss : 26.5 target : 35-38 demand zone === support area supply zone === resistance area
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. August Series Option can be traded. Wait for entry setup, if available then Long/short. Reward is 8-10 Times
Do not take weekly or monthly position in idfc first bank. The decreasing volume with increasing price shows an indication of bearish fall coming. RSI also shows a small divergence from price. Trade cautiously. Trade the breakout if it falls.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
BUY NSE:IDFCFIRSTB FOR LONG TERM INVESTMENT. Given a good breakout with volume. Looking good to me . Long near 27 level, SL 24 Target OPEN
see the chart
IDFC FIRST BANK Break Multiple Swing high. Entery Price: 28.80 Stop loss 26 Target: 32.30
Key Levels for IDFCFIRSTB : INTRADAY CHART ANALYSIS UPPER BREAKOUT~23.55 FIRST TARGET~25.40 INTERIM RESISTANCE~25.15 FINAL RESISTANCE~26.55 ************************** LOWER BREAKOUT~22.30 FIRST TARGET~21.60 INTERIM SUPPORT~20.70 FINAL SUPPORT~19.60 My views are for educational purposes only. Please trade with caution and consult your financial adviser before trading.