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Idfcfirstbank

IDFCFIRSTBANK Breakout Soon ! Keep an EyeIDFCFIRST BANK has been consolidating after a rally and has formed a triangle pattern. Started from 48 --> Rallied to 67 --> Retraced back to 50 --> Rallied to 61.7 --> Retraced back to 50.6 --> Now at 52 IT is constantly taking support at the support line of 50 and holding up. I am expecting IDFCFIRST to trade in triangle for some time and then breakout of triangle at around price 55-56. Aggressive traders can enter at this price also and not wait for breakout. Entry - 54-55 SL- 48 Target T1:- 61 Target T2 :- 68 Please note - This is fundamentally a good stock and can be hold even if target of 68 is reached.
NSE:IDFCFIRSTBLong
by Santosh_A_Chavan
Approaching the mother of all trend linesIdfc bank has taken a support at this trend line continuously since March 2020 correction. The fundamentals are improving every quarter and it is reaching escape velocity to be regrouped from deep value to value to Blue chip in a few years. There has been huge institutional buying at the levels of 57, which will serve as anti-gravity level and leaves very less chance for a big correction. If something goes horribly wrong in the market, it might go to levels of 45-47 but this would create attractive buy from these levels for a target of 70
NSE:IDFCFIRSTBLong
by ausekarsid
📊 IDFC FIRST BANK 🎯NSE:IDFCFIRSTB As one can see stock at harmonic PRZ, so you know how to trade on reversal then one can go long with given Stop loss. this might be good swing trade if stock will get support from this harmonic PRZ. PZR 1:- 54.15 PRZ 2:- 53.80 Stop loss:- 53 ( closing basis) please follow this stop loss strictly if you are trading on this. Be Independent trader take charge of your own trades Learn . Apply . Grow ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
NSE:IDFCFIRSTBLong
by linesandlevels
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
NSE:IDFCFIRSTBLong
by UnknownUnicorn22711483
5