Buy SetupMonthly CUP , 20 MA support, handle formation, consolidation below neck line Weekly RSI Bullish Range Shift, 61 FIB Daily 20 MA support , triple bottomLongby ARVIND69885
IDFC FIRST BANK IDFC FIRST BANK is running on correction it's may break if it is break it's a bull run towards 140 level 🎯📉📈Longby Kishor635517
IDFCFIRSTB 17-06-2024Happy learning with trading. I just shared my view. If correct give me one like. If not correct me. Points to Note: 1) parallel channel breakout 2) Enter at CMP for short term target of 1 and 2. 3) Good to hold for long term too. 4) Safe traders can add 70-73 range if comes for long term hold. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.Longby anto19895
IDFCFIRSTB LONGThe Elliott Wave Structure is the Elliott Wave Theory's description of the structure and pattern of price movements in financial markets. The Elliott Wave analysis shows that the stock has completed waves (i) and (ii), which appear as blue numbers on the daily chart. Wave (iii) appears to have five sub-waves. The red color of wave (iii) indicates the completion of waves i, ii, iii, and iv, while wave v is still ongoing. The black circle illustrates the estimated number of subdivisions in Wave v. Wave 1 of wave v in the black circle is finished, and wave 2 is nearing completion. It's a buying opportunity during a downturn (dip). Following the completion of wave 2, wave 3 will be divided into five sub-waves. The blue brackets indicate the sub-waves of Wave 3. Wave levels are depicted on the chart. Level of Invalidation The invalidation level for Wave 1 is 75.05. Because According to wave rules, Wave 2 cannot retrace more than 100% of Wave 1. If the price falls below this level, it may signal that the projected Elliott Wave pattern is not what it appears. I'm not a registered Sebi analyst. I conduct my research exclusively for academic purposes. Please consult your financial advisor before trading or investing. I accept no responsibility for any profits or losses. Regards, VJ.Longby vjdj2004Updated 51
idfc first bank inverted head and shoulder viewforming inverted head and shoulder formation following 8 years of consolidation trading at bottom level of the shoulder This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.Longby johnjen20883
IDFC FIRST BANK - LOW RISK HIGH REWARD ENTRY !!IDFC first Bank seems to be in its significant third wave, and it appears that it has finished its fourth minor wave of wave three. Additionally, it has formed a recognizable ABC decline, which concluded with a classic panic selling and an equally dramatic upside pullback, typically occurring at the end of wave C. How can we approach trading this situation? Considering the current levels, it seems to be a favorable purchase with a stop loss below 70. We can anticipate a minimum target of 113, providing us with a highly favorable risk to reward ratio of 1:4.5. Note: I refrain from conducting intricate wave counts as it can be overwhelming for numerous readers and to ensure simplicity. Disclaimer: Please note that the information presented in this analysis is intended for educational purposes only. It is highly recommended to seek advice from a financial advisor before making any investment decisions. I cannot be held accountable for any financial losses that may ariseby harshit22Updated 227
A strong rally on the waythe correction is done in the counter. It closed 4% up today. It is still a good buy as a strong rally is on the cards.Longby singh17vivek3
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. by krishscorp115
IDFCFIRSTB | Monthly range breakout and retestingIDFCFIRSTB | Monthly range breakout and retesting at strong demand zone CMP : 77 (Dip : 70) Longby srikartiram5517
AMAZING opportunity at IDFC First Bank Idfc first bank currently trading at 77.80 is attractively placed for anyone looking to invest in banking stocks. With economic cycle turning around and interest rate cut right around the corner, one might also look at this as a swing trading opportunity. However there are some downside risks namely 1.Delay in rate cut due to any no. of reasons 2. Unfavourable monsoon 3. Global geopolitical scenario 4. Underperformance of current coalition government Longby manishbalmuchu1
Weekly Breakout Soon in IDFCFIRSTB ? In weekly Time Frame RSI broken out In IDFCFIRSTB , Price taking support at fib 0.5 Level and we can see breakout of trendline Soon. Can go till 100,110 in coming weeks.Longby handaakshsy1
Perfect Buy SetupMonthly CUP , 20 MA support, handle formation, consolidation below neck line Weekly RSI Bullish Range Shift Daily 20 MA support , triple bottomLongby ARVIND69223
IDFC FIRST SWING TRADE Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. You can connect me on INSTA for further query at _prem_.23 SWING TRADE WITH SMALL AND 1:5 RR Longby premganatraa331
IDFCFIRSTBChart looks good for long-term. Breakout retest is being honored. Risk reward looks favorable For tracking purposes only.Longby dhirajbtUpdated 114
Best Stock For Banking SectorDear Team, U can find a best banking low budget stocke so u buy . IDFC FIRST BANKby SandipSharmaJi8
IDFCFIRST - short for 8%price is at the edge of breakdown 1. 50 day EMA crossed 200 day EMA downward 2. price rejected from 200 day EMA and aslo horizontal trendline 3.price breached 18 day EMA downwards with huge volume and was followed by bearish inside bar 4.today candle breached 50 day EMA (last EMA support ).however volumes was not convincing target and SL marked Shortby FrankzMDUpdated 5
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. Shortby Kilopapa225
Insight 📈 if 74 - 76 range holds then 📈 to 93 -95 within ( Sep - Oct 2023 ) ( 135 --138 March - April 2024 ) Disclaimer: It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises. Longby KilopapaUpdated 4422
IDFC FIRST BANK (Psychology Analysis) Date 10th April 2024 Time: 3:30 IDFC FIRST BANK was in a correction from last year's Sept. After showing full correction Wave At the end of March it Gap Down and from 1st Day of April it Started moving up seems like its short covering . But More Confirmation for going long is on 8th April IDFC Gap Up and Going upside continuously. and finally, today it breaks Out from Resistance Line and give closing above it. Round figure Price level 80 is Strong Support with SL of 81 We can Long IDFC FIRST BANK. Target ATH Price with 1:5 Risk Reward. Thank You!Longby KRSChartsUpdated 4414
IDFC FIRST BANK I have added my view on IDFC first bank for swing trading analysis And also added target 100rs with stoplossLongby OneTrader_rk224
#IDFCFIRSTBout from pervious trend or you can say wedge. This is downward wedge which is broken upward. no more want to describe more. check once with your strategy. Yeah I can share that this stock is short listed by daily analysis on (willams % R Length 100), condition is, in daily time frame it should be less than -50 & grater than -80.Longby jack97666115
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 -135Longby singh17vivek4
IDFC First Bank - Head and shoulderBullish head and shoulder formed in IDFC First bank and waiting for closing above the neckline, once we get positive closing above the neckline then we are expecting the good move in upside in upcoming days. Thank You Arvind Yadav, Cfa Arvind Share AcademyLongby Cfa_Arvind10