Search in ideas for "IDFC FIRST"
IDFC FIRST BANK LONGHere 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 time frame (Eg: 15 MIN) you can see a good SL @32.75
OVERALL Risk to REWARD Ratio: 1:5 for the first target,
1:8 for the second target.
Comment your VIEWS on THIS
Disclaimer: Just for Educational purposes. Not financial tips or advice.
idfc first corona period support & resistant line- pennant flag pattern formed in weekly chart
- corona period resistant line now acting as support line
- wait for break out
This analysis is my own idea.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
in.tradingview.com
IDFCFIRST BANKIDFC First Bank has recently broken its downtrend and is now trading near key moving averages, indicating potential support around 74. With the RSI approx. 53, as of now momentum is slightly bullish, and strong volume also suggesting trader's interest. The stock could rise to the next resistance around 82-84, but it’s crucial to keep a stop loss around 70 to manage risk. Overall, it looks like a cautious buying opportunity with potential upside if the stock sustains above current levels.
Please note: It's not any buy/sell/hold recommendations. It's just for study and analysis purpose. Please do your due diligence before any trading decision.
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Vijay
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IDFC FIRST BANK LTD, 14th August /Trading plan Chances of selling in price bracket of (71.58 & 72.05) if banking sectors favours.
Selling can be done showing weakness in the price bracket
RSI for the day is poor.
Follow me @ BenSah /for more trading ideas and scripts
Disclaimer /trading involves risk, so trade at your own risk.
Happy trading.
IDFC FIRST BANK 📉 📉 Next weekly closing if sustains below the white line could possibly trigger a downward momentum 📉 📉 to 69.94 within ( 24th June 2024)
If 69.94 breaks then below levels could test marked on the chart
59.28 -- 61.34 could be an ideal levels for a bounce 📈 📈 within (July -- Aug)
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
This correction is an opportunity to buyIDFC First Bank CMP 80.50
The counter is down 5 % today, which is the quarterly results impact. Technically this stock is exhibiting strength. The correction to 75 was 38.2% from a higher swing an indication of strength. Hence todays correction is a buying opportunity. T1 is 112 T2 -135
IDFC First Bank : BreakoutBuy IDFCFIRST Bank at 86 tgt 101, 147 sl 80
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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