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Nifty Bank View 17.01.25 Ke LiyeThe **Bank Nifty** is a stock market index that represents the performance of the 12 most significant and liquid banks listed on the National Stock Exchange of India (NSE). The index is a subset of the broader Nifty 50 index, focusing specifically on the banking sector. It is widely used to gauge the health and performance of India's banking sector.
### Constituents of Bank Nifty:
As of January 2025, the Bank Nifty index consists of the following 12 banks:
1. **HDFC Bank**
2. **ICICI Bank**
3. **Axis Bank**
4. **State Bank of India (SBI)**
5. **Kotak Mahindra Bank**
6. **IndusInd Bank**
7. **Bank of Baroda**
8. **Punjab National Bank (PNB)**
9. **Bandhan Bank**
10. **Federal Bank**
11. **IDFC First Bank**
12. **RBL Bank**
These banks are selected based on their liquidity, market capitalization, and overall contribution to the banking sector. The index is weighted by free-float market capitalization, meaning that the more valuable banks have a higher weight in the index.
### Key Characteristics:
- **Representation**: Bank Nifty represents a broad cross-section of the banking industry in India, covering both private and public sector banks.
- **Sectoral Performance**: It reflects the overall health and performance of the banking and financial services sector in India.
- **Market Usage**: Investors and traders use the Bank Nifty index as a benchmark for the banking sector, and it is also traded through exchange-traded funds (ETFs) and futures contracts.
The performance of the Bank Nifty index can be a good indicator of the broader economic conditions, particularly in terms of credit growth, interest rates, and the overall health of the financial system in India.
In this video it is told how Nifty saved itself from falling In this video it is told how Nifty saved itself from falling today and we are also seeing what Nifty will do next and what kind of trend is going to be formed in it, along with this we will also take a look at some stocks like Asian Paints, Tata Motors and Bajaj Consumer, IDFC First Bank etc.
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
Multiyear Breakout MULTIYEAR BREAKOUT ALERT
IDFC FIRST BANK🚀🚀🚀 #idfcfirstb
TARGETS - 100 , 130
- breakout of huge rounding bottom
- currently in retesting almost done
- breakout of descending channel on daily tf
8 year old breakout
Note-
Please consult your financial advisor before investing
we are not SEBI REGISTERD
All research for educational purpose only.
IDFCFIRSTB - SIDEWAYS - waiting for trend reversal.Hi guys. IDFC FIRST BANK is in sideways. though it was in downtrend, it has reached the correction level of 61.8% in Fibonacci levels and waiting for trend reversal. The price is travelling in between major support and resistance zones. If the price close above 86 we can go for buy and fix target at 95. if the price breaks the support zone and close below 75 the sell trend starts, and target can be set at 65.
Technical Analysis for IDFC First BankChart Pattern: Flag and Pole
Entry Activated: Buy at Current Market Price (CMP) ₹84.80
Stop Loss (SL): ₹73.50 for risk management
Targets:
Target 1: ₹120
Breakeven: ₹100
Monitor price action and adjust stop loss to breakeven as the trade progresses. Evaluate for potential target achievements based on the chart pattern.
#IDFCFirst #TechnicalAnalysis #FlagAndPole #StockMarket #TradingStrategy #StopLoss #Breakeven
the bank nifty situation......is it worse?The weightage of private sector banks in the Nifty Bank index has shrunk as these stocks traded lower than last year. The shares of public sector banks, in contrast, have seen a sharp rally in this period, raising their weightage in the index.
There are multiple reasons for this differential pattern in the trade of banking stocks. Public sector banks have better access to low-cost deposits because of a much bigger base of savers and a better network. This helps them keep their cost of funds low. On the other hand, private sector lenders find it increasingly challenging to collect deposits. As a result, they have been forced to raise the deposit rates and also borrow from the wholesale market where the cost of funds are much higher. This hurts net interest margins, which is the interest earned on borrowed funds minus the interest paid for them.
This apart, the perception of public sector banks has changed because the outlook on public sector undertakings as a whole, has turned bullish.
AU Small Finance Bank’s weight fell to 1.8 percent in February 2024 from 2.4 percent in March 2022. For Axis Bank, the weight dropped from 11.6 percent in March 2022 to 10.1 percent in February 2024, while for Bandhan Bank, it went down from 1.8 percent to 1 percent. HDFC Bank, the largest private lender, saw its weight erode to 25.2 percent in February 2024 from 27.8 percent in March 2023 and 28.5 percent in March 2022. Kotak Mahindra Bank's weight in Nifty Bank declined to 9.2 percent in February from 10 percent last March and 11.4 percent in the previous comparable month.
ICICI Bank's weight in Nifty Bank, however, went up by a notch to 24.8 percent in February 2024 from 24 percent in March 2023 and 22.4 percent in March 2022. And, IDFC First Bank nearly doubled its weight to 2 percent in February 2024 from 1 percent in March 2022.
review of idfc first bank NSE:IDFCFIRSTB
the stock has given us a good return. But looking at the price action, it seems that a correction may come.
1. There is a demand zone from 80 to 75, but it does not seem very strong.
2. It seems to me that the price will react again near the zone of 75 and give an upward momentum.
3. There is a strong demand zone near 50 which will take the price to an all-time high again. Here we should book profits and wait for some correction.
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Nifty: How Data Analysis can help youYesterday's trade data clearly showcased that the FIIs had added Net Short position in Index Futures
Retail traders went long in Index Futures.
In Options retail traders were more active in Put side but had bias on the Long side.. .
Even in Stock Futures FIIs added Short positions
Trade with knowledge. Invest some time in study and then in trade....
My recent trading ideas
DLF, Asian Paints, TCS where sideways to short trade was suggested and IDFC First exiting from Long positions at 54.5
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Take care & safe trading...!!!
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COMPARE KARURVYSYA VS IDFCFIRSTB VS NIFTY & BANKNIFTYFrom 16/07/22 Below mention banking stock is Outperformed Nifty & BANKNifty.
1. KARURVYSYA (80.27%)
2. IDFCFIRSTB (69.35%)
3. INDUSINDBK (49.21%)
4. RBLBANK (42.37%)
5. ICICIBANK (27.4%)
In Banking Sector, KARURVYSYA (Karur Vysya Bank Ltd) & IDFCFIRSTB (IDFC First Bank Ltd) Outperformed Nifty & BANKNifty by huge difference. Keep both in watchlist.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
COMPARE BANKING STOCKS VS NIFTY & BANKNIFTYFrom 16/07/22 Below mention banking stock is Outperformed Nifty & BANKNifty.
1. KARURVYSYA (80.27%)
2. IDFCFIRSTB (69.35%)
3. INDUSINDBK (49.21%)
4. RBLBANK (42.37%)
5. ICICIBANK (27.4%)
In Banking Sector, KARURVYSYA (Karur Vysya Bank Ltd) & IDFCFIRSTB (IDFC First Bank Ltd) Outperformed Nifty & BANKNifty by huge difference. Keep both in watchlist.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
IDFCFIRST BANK buying in underperformed pvt banksToday buying obeserved in underperformed pvt banks
Rbl bank ,Bandhan bank and idfc first bank which were underperforming
the market observed buying interests.
Though bank nifty had recovered 78.6 percent of its fall few days back.
these banks were were underperforning.
today we observed buying interests in these stocks.
it appears some upside still left in these banks
Please go through my recents other stock ideas
Downward Parallel Channel Breakout (trend reversal) @ IDFCFIRSTB#Downward #Parallel #Channel #Breakout (trend reversal) at #IDFCFIRSTB (IDFC First Bank Ltd) weekly chart.
In the context of technical analysis, a channel occurs when the price of an asset is moving between two parallel trendlines. The upper trendline connects the swing highs in price, while the lower trendline connects the swing lows. The channel can slant upward, downward, or sideways on the chart.
Types of Channels
A channel consists of at least four contact points because we need at least two lows to connect to each other and two highs to connect to each other. Generally speaking, there are three types:-
1. Channels that are angled up are called ascending channels.
2.Channels that are angled down are descending channels. Ascending and descending channels are also called trend channels because the price is moving more dominantly in one direction.
3.Channels in which the trendlines are horizontal are called horizontal channels, trading ranges, or rectangles.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.