IDFC trade ideas
READY TO RACEBest Opportunity For Swing Traders💕
Level Mentioned On Chart.
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📌Key Highlights:
🔺BO On Daily Time Frame
🔺Cup And Handel
IDFC monthly chart breakout and retestIn monthly chart IDFC has breaken out and retested its trendline. Good long term stock to invest.
Live Challenging Signal BUY IDFC @ 50.10Live Challenging Signal BUY IDFC @ 50.10
Signal Specification
Pair: IDFC
Entry Type: Buy
Entry1: 50.10
Tp: 58.90
Sl: 47.65
R/R: 3.71
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Forex Tamil
Nice and easy setup of parallel channel New breakout or break down can happen , nice and easy setup , waiting for volume :D
IDFC chart analysis for 1st Mar 2021[READ THE DESCRIPTION]IDFC chart analysis for 1st Mar 2021
READ THIS: NONE of the analysis has failed so far. I am posting 10 a day. You can check the history.
1. Check the levels and analysis.
2. If you are new, trade in low quantity or trade with virtual currency: https://trading (DOT) kaivalya (DOT) digital.
3. If (or when) the stock moves 50% in our direction, start booking partial profits. This is very important as the stocks, a lot of times, show a reversal.
3. After the day ends, come back and play back the candlesticks , if you haven't traded. Check if the levels hold.
4. Hit that like button and comment if you find the analysis is holding.
Great Achievement IDFC Our target was hit exactly in 31 days.
Hope everyone could understand the price action.
We also give the reason why you should take the trade.
It also reversed exactly from the target.
Long Term Bullish Break out [A 12 year Breakout at the verge]Long Term investors can definitely consider this stock in their radar
its a nearly 12 year Breakout
Triangle Pattern Breakout
people interested can invest in bits and pieces at every dips and corrections.
Long Term Bullish
Long Term Bullish Breakout on the vergeLong Term investors can definitely consider this stock in their radar
its a nearly 12 year Breakout
Triangle Pattern Breakout
people interested can invest in bits and pieces at every dips and corrections.
Long Term Bullish
IDFCThe stock seems to have given a pocket pivot signal closing at the higher of the tight squeeze it is forming after the huge gap up it had a while ago, one can say it is a flag and has given a good signal of intent in the coming short term. The risk reward will have to be carefully managed in this one!
only consider after crossing these TargetsResistance (*Predicted time can be less due to more stock trading activity induced due to market fall and lockdown )
31.05 target 1(crossing and breaking previous 27.30 (-)(+) 1.25 tolerance also ) 1 month Dec
35.45 target 2 (2-3 weeks then )
47.20 target 3 (5-6 weeks or more till June end 2021)
66.95 target 4 (next to next year 2022 if all goes well of much faster with good reports )
Support
base 1 27.80
base 2 26.00
base 3. 23.10
this company is already undervalued with amount of AUM it holds + 40% stake in IDFC FIRST bank compared to (hdfc AMC valued 10% and other ) which recently started on profit as promised after lot quarters truly a Dark Horse combined with Atmanibhar Bharat Startups + Infrastructure needs if recurring profits goes well.
Pros* & Cons: Sovereign Fund involved
