Get started

Search in ideas for "IDFC FIRST"

Short Market Report 27.01.22Short Market Report Market is playing the pull back rally as we had discussed in our last market report. So, what happened today? Huge shorts were built yesterday and those positions were squared off at the start resulting in huge gap down. The indices took another nose dive few mins later and the down move continued till Nifty reached yesterday's low and then bounced back; and my God what a rally that was. Few of the forum members were confident that nifty will reach 15900 levels but I have been saying something for quite sometime. People would buy cow dung if it's available at a discount. That is what we witnessed today. Even though indicators didn't show oversold but RSI was not forming new low and people started building long positions resulting in this massive short covering rally. Call Writers got trapped due to over confidence that rally will not happen. I don't blame them as I have had losing days due to this thought process. As noted previously Bank nifty was stronger than NIfty and PSU banks out performed everything. Worrying issue is Nifty IT and how much further it can fall. if you are holding IT stocks, continue to hold or keep buying in small quantities like SIP. You can make huge gains in one year's time All depends on how Nifty will respect the channel bottom along which nifty has been trading since 2020 drop. The last downfall tested the channel bottom once at 16400 and then we had a straight forward rally till 18300. Now for two consecutive days we have tested this channel bottom. I am not expecting a drop before a decent pull back but you should keep in mind that this is likely to happen in near future. Budget theme has been playing for some time and two sectors you should watch closely are PSU banks and Defence For tomorrow, gap down is again likely but I am not sure. if gap down happens, will be a small one. Expect some profit booking which may result into a red day. Some veteran analysts are confident that 17500 is coming Trading Ideas: If rally has to continue, you can go with 17500 CE and 38400 CE. But be very careful as things may turn around very fast due to volatility. Stocks to Watch for tomorrow PNB TATA POWER IDFC FIRST BANK NALCO
NSE:NIFTY
by daerontrading
Long Term Opportunity in IDFC FirstGo Long above 52.2 for Targets of 63.65, 75.9, and 86.55 with SL 40.75 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Harami (marked with orange color) is formed around 0.5 Fibonacci level. 3. In addition to this the stock gave Trendline breakout on a Monthly timeframe.
NSE:IDFCFIRSTBLong
by Nimish_Ghagare
2
Swing Trading Opportunities for the week beginning 15-11-21SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 15-11-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan. Some readers feel that I am simply listing down several scrips so that if they go up I can claim so. This is not the case - I am not here to score any points. I am sharing my weekly analysis and if you like it, read it and if you do not agree, I am fine with that. ON MY WATCHLIST FOR THE COMING WEEK This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - SECTORS LOOKING GOOD FOR LONG POSITIONS- Nifty 100 Nifty 200 Consumption FMCG IT WEEKLY TIME FRAME- FOR LONG POSITIONS - Nifty Spot at 18102.75 Adani Ports Asian Paints Britannia HCL Tech Hindalco Nestle TCS Wipro IDFC First Bank Damia Bharat Force Motors Hind Petro ICICI Pru Life IRCTC Jubl Food Naukri Sanofi Nazara As compared to the last week there are fewer opportunities as many of the sectors have already moved up during the week and some have become weak during the week. This means that as and when there is further buying in these sectors, Nifty may get a push-up. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the setup and the trade basis, please do share so that together we can learn. Here is the Video Link: Thank you for your time and Happy Learning, 14-11--21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:NAZARALong
by AVENUESOFINVESTMENT
Swing Trading Opportunities for the week beginning 08-11-21SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 08-11-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan. ON MY WATCHLIST FOR THE COMING WEEK This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS - Nifty Spot at 17916 Asian Paints Britannia HCL Tech Infosys Nestle NTPC SBI Life Tata Consumer IDFC First Bank Abbott Angel Broking Mangalam Cements Mirza International Orient Hotels Tata Coffee TRF Accelya Bayer Cropscience SECTORS LOOKING GOOD FOR LONG POSITIONS- Value 20 Consumption CPSE Dividend Opportunities FMCG IT Metals Next 50 As compared to the last week there are fewer opportunities as Nifty has become very volatile and has wild swings leaning towards the downside and is facing stiff resistance on the way up. I am going to be cautious and would wait till Nifty ends above 18000 as until then we may keep witnessing high volatility and big swings. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the setup and the trade basis, please do share so that together we can learn. Here is the Video Link: Thank you for your time and Happy Learning, 7-11--21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:BAYERCROPLong
by AVENUESOFINVESTMENT
Swing Trading Opportunities for W/B 20-9-21TRADING WATCHLIST FOR W/B 20-9-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan. ON MY WATCHLIST FOR W/B 20-9-21 -- This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS NIFTY WEEKLY CHART ADANI PORTS BAJAJ AUTO BPCL HDFCBANK HEROMOTOCO CHOLA FIN DHANUKA FORCE MOTORS GM BREWERIES HINDPETRO INDUS TOWER MOTILALOFS PAGE IND SPICEJET VENKY’S WABAG HDFC AMC VAKRANGEE COAL INDIA DCW IDEA IDFC FIRST BANK ITC There are plenty of opportunities out there even after NIFTY hitting 17700+. So, please review your fund position, have a look at the indicator that fits you well, and plan for investing / trading per your risk appetite. SECTORS LOOKING GOOD FOR LONG POSITIONS- AUTO BANK NIFTY MEDIA PRIVATE BANKS Ideally, the best candidate would be the one that features in both lists. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the setup and the trade basis, please do share so that together we can learn. Thank you for your time and Happy Learning, Umesh 19-9-21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:NIFTY
by AVENUESOFINVESTMENT
Swing Trading Opportunities for W/B 13-9-21TRADING WATCHLIST FOR W/B 13-9-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check it out if any of these fit your trade plan. ON MY WATCHLIST FOR W/B 13-9-21 -- This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS BAJAJ AUTO COAL INDIA KOTAK BANK SBIN SHREE CEMENT IDFC FIRST BANK CHALET DAAWAT DHANUKA GATI GIC HOUSING RAYMOND VENKY’S HDFC AMC VAKRANGEE AB CAPITAL IDEA ITC REC LTD There are plenty of opportunities out there even after NIFTY hitting 17300+. So, please review your fund position, have a look at the indicator that fits you well, and plan for investing / trading per your risk appetite. SECTORS LOOKING GOOD FOR LONG POSITIONS- AUTO BANK NIFTY CPSE MEDIA Clearly, there is a lesser number of sectors that are now offering good entry points in comparison to the earlier weeks. The reason is that either some of the sectors have witnessed retracement of price levels or many of them are way above a level from where a good RR trade could be initiated. BANK NIFTY seems to be the best bet for now. Ideally, the best candidate would be the one that features in both the lists. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the set up and the trade basis, please do share so that together we can learn. Thank you for your time and Happy Learning, Umesh 12-9-21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:BANKNIFTY
by AVENUESOFINVESTMENT
Swing Trading Opportunities for W/B 6-9-21TRADING WATCHLIST FOR W/B 6-9-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check it out if any of these fit your trade plan. ON MY WATCHLIST FOR W/B 6-9-21 -- This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS ADANI PORTS BAJAJ AUTO COAL INDIA HERO MOTO KOTAK BANK ONGC BANDHAN BANK IDFC FIRST BANK BOSCH ALEMBIC PHARMA DR REDDY AUROPHARMA CHALET DAAWAT GLENMARK HINDPETRO ICICIGI KSCL LIC HOUSING MRF OIL RAYMOND There are plenty of opportunities out there even after NIFTY hitting 17300+. So, please review your funds position, have a look at the indicator that fits you well and plan for investing / trading per your risk appetite. SECTORS LOOKING GOOD FOR LONG POSITIONS- AUTO BANK NIFTY COMMODITIES CPSE ENERGY GROWTH METALS MIDCAP50 MIDCAPLIQUID PHARMA PSE Ideally, the best candidate would be the one that features in both the lists. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the setup and the trade basis, please do share so that together we can learn. Thank you for your time and Happy Learning, Umesh 5-9-21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:NIFTY
by AVENUESOFINVESTMENT
Swing Trading Opportunities for W/B 16-8-21TRADING WATCHLIST FOR W/B 16-08-21 INTENT This is a new series of periodical posts where I would share the scrips that I come across and find good to keep on my radar for the next trading session/s. The post may not be a daily feature as it depends on whether I am able to find some opportunities. I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check it out if any of these fit your trade plan. Whenever possible, a corresponding video would also be shared so that the reader can look at the charts and listen to the commentary as and when needed. ON MY WATCHLIST FOR W/B 09-08-21 -- This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS IDFC FIRST BANK PNB RBL BANK AURO PHARMA CHALET DAAWAT GM BREWERIES ICICIGI LIC HOUSING MOTILAL OSWAL SADBHAV Even though on a weekly basis Nifty has made an ATH close, there are several scrips across sectors that have been beaten down and many are below their 200 DMA, WMA as well. I read it both ways - Either There is scope for Nifty to go up further as these scrips would eventually move up. Or Nifty may consolidate or drift until the overall market turns bullish for several leading names as well. SECTORS LOOKING GOOD FOR LONG POSITIONS- BANK NIFTY CPSE ENERGY FIN SERVICES During the week, the universe of my stock search is limited to Nifty, Banknifty and my holdings only. I expand the base for the weekly review so you may not see many names appearing here and may see repeats as well. Ideally, the best candidate would be the one that features in both the lists. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the set up and the trade basis, please do share so that together we can learn. Thank you for your time and Happy Learning, Umesh 14-08-21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:NIFTY
by AVENUESOFINVESTMENT
NIFTY BANKNSE:BANKNIFTY NIFTY BANK DATE - AUG 13, 2021. The NIFTY Bank Index comprises of the most liquid and large Indian Banking stocks. It provides investors and market intermediaries a benchmark that captures the capital market performance of the Indian banks. The Index comprises of maximum 12 companies listed on National Stock Exchange of India (NSE). TECHNICAL ANALYSIS. 1. INDEX is on upper range of consolidation. 2. Charts making pattern similar to PENNANT. 3. SUPERTREND give a buy signal. 4. ALLIGATOR give a buy signal. 5. INDEX trading ABOVE MA 21/50/100/200/250/300. 6. HIGH OI in CALL & PUT at strike 36000. 7. 36300 is a BREAKOUT level of BANKNIFTY. FUNDAMENTAL ANALYSIS. 1.P/E - 22.57 2.P/B - 2.85 3.Dividend Yield - 0.33 Top constituents by weightage - 1. HDFC Bank Ltd. - 27.56 2. ICICI Bank Ltd. - 22.91 3. State Bank of India - 12.42 4. Kotak Mahindra Bank Ltd. - 11.77 5. Axis Bank Ltd. - 11.49 6. IndusInd Bank Ltd. - 5.20 7. AU Small Finance Bank Ltd. - 2.35 8. Bandhan Bank Ltd. - 1.73 9. Federal Bank Ltd. - 1.53 10. IDFC First Bank Ltd. - 1.2 Portfolio Characteristics - 1. Methodology - Periodic Capped Free Float. 2. No. of Constituents - 12. 3. Launch Date - September 15, 2003 4. Base Date - January 01, 2000 5. Base Value - 1000. 6. Calculation Frequency - Online Daily. 7. Index Rebalancing - Semi-Annually. Eligibility Criteria for Selection of Constituent Stocks: i. Companies should form part of NIFTY 500 at the time of review. In case, the number of eligible stocks representing a particular sector within NIFTY 500 falls below 10, then deficit number of stocks shall be selected from the universe of stocks ranked within top 800 based on both average daily turnover and average daily full market capitalisation based on previous six months period data used for index rebalancing of NIFTY 500. ii. Companies should form a part of the Banking sector. iii. The company's trading frequency should be at least 90% in the last six months. iv . The company should have a listing history of 6 months. A company which comes out with an IPO will be eligible for inclusion in the index, if it fulfills the normal eligibility criteria for the index for a 3 month period instead of a 6 month period. v. Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index. vi. Final selection of 12 companies shall be done based on the free-float market capitalization of the companies. vii. Weightage of each stock in the index is calculated based on its free-float market capitalization such that no single stock shall be more than 33% and weightage of top 3 stocks cumulatively shall not be more than 62% at the time of rebalancing. Index Re-Balancing: Index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 of each year, i.e. For semi-annual review of indices, average data for six months ending the cut-off date is considered. Four weeks prior notice is given to market from the date of change. Index Governance: A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee. DISCLAIMER - All analysis are for educational purpose. it is not a trading or investment advise. SOURCE - NSE website #education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #tourism #fundamentalanalysis #nse #bse #supertrend #alligator #education #bank #banknifty #index
NSE:BANKNIFTY
by mayur1630
Trading Opportunities for W/B 9-8-21TRADING WATCHLIST FOR W/B 09-08-21 INTENT This is a new series of periodical posts where I would share the scrips that I come across and find good to keep on my radar for the next trading session/s. The post may not be a daily feature as it depends on whether I am able to find some opportunities. I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check it out if any of these fit your trade plan. Whenever possible, a corresponding video would also be shared so that the reader can look at the charts and listen to the commentary as and when needed. ON MY WATCHLIST FOR W/B 09-08-21 -- This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week - WEEKLY TIME FRAME- FOR LONG POSITIONS BPCL BRITANNIA COAL INDIA HDFC HDFC BANK IOC KOTAK BANK ONGC RELIANCE IDFC FIRST BANK AURO PHARMA KSCL NEOGEN HDFC AMC Even though on a weekly basis Nifty has made an ATH close, there are several scrips across sectors that have been beaten down and many are below their 200 DMA, WMA as well. I read it both ways - Either There is scope for Nifty to go up further as these scrips would eventually move up. Or Nifty may consolidate or drift until the overall market turns bullish for several leading names as well. SECTORS LOOKING GOOD FOR LONG POSITIONS- AUTO CPSE ENERGY FINSERVICES PVT BANKS During the week, the universe of my stock search is limited to Nifty, Banknifty and my holdings only. I expand the base for the weekly review so you may not see many names appearing here and may see repeats as well. Ideally, the best candidate would be the one that features in both the lists. I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the set up and the trade basis, please do share so that together we can learn. There is also a video link available in the article. It is related to my son’s video content where he does a weekly wrap-up. You may like to watch the video as well. The contents are different and not always the same. I hope you are able to make the most of this new initiative. Thank you for your time and Happy Learning, Umesh 07-08-21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades / investments on your own or consult your financial advisor before making any trades.
NSE:NIFTY
by AVENUESOFINVESTMENT
📊 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