IDFCFIRSTB trade ideas
Daily brkout IDFCFIRST Bank luking gud with C&H pattern
immediate targate is 69 with SL 57
As holding for some time trgt is 90 and stoploss is below support line on DCLBS.
This is only for educational purpose.
IDFC FIRST BANK breakout IDFC FIRST BANK is giving a breakout of a consolidation in a weekly chart and is now ready to move towards a target of 67 Rs. in Dec month
IDFCFIRSTBANKIDFCFIRSTBANK after its superb performance in its recent innings had to face the resistance and started moving down as shown in the chart. The recent target for the stock is projected as 61. The parallel path given in the chart could be its probable journey a trader can look into with a strict stop loss.
IDFCFirstBank This is only the beginingPatience is a virtue : Wise words for every Investors.
1. It takes time for any investment to compound exponentially.
2. If you have identified a stock for investment -- Give your Research(Efforts) ,( Fundamental and Technical ) Time to deliver.
3. Learning to Trust Oneself is simply SELF TAUGHT (can't be of much help here.)
3a. Sadly a missing trait of many Investors and traders alike.
4. IDFCFirstBank is here to stay n deliver,
5. I see this happening with next 3 to 6 months.
6. Will be a part of its long growth journey ahead.
7. Will not be surprised to see its price in 3 digits and stable around there for some time.
8. Dividends are what I'm banking on from my investment here.
9. A definite MULTI BAGGER.
Testing of major ResistanceSadly not enough reputations earned to post links "sigh"
Just a casual update.
Recount done; Almost same structure.
Buy IDFC FIRST Bank (Investment Idea__SIP IDEA), Multibagger Investment Idea
Buy IDFC FIRST Bank
CMP 57. Buy on DIP. Stoploss 28 Weekly Closing Basis.
Stock is trading in Symmetrical Triangle...
Support Levels: 45,53
IDFC First Bank: Buy on dips for long termIn the NSE:IDFCFIRSTB shares, we can see the Elliot Wave pans out nicely.
See the outer wave marked in green 1-2-3. We are in the motive/impulsive 3rd wave.
Now in the motive 2nd wave, there are again 5 subwaves formation. We are at 3rd motive inner wave. So it is 3-3 wave overall.
Hence a retesting of the long term support (which is also a neckline of a rounding bottom) around 50-52 is welcome.
We can accumulate around 50-52 for a target of 65-70 (a few months timeframe) with a SL of 46.
IDFC BANK BREAKOUTIDFC bank looking very bullish on weekly chart and seems that more bullish trend coming in it, it breaks falling trendline resistance and trading above on that from last five weeks and the main thing that it has created a new support above on falling trendline and SUPERTREND indicator also give an indication of that price will push on higher side from here.
IDFC Bank ready for long swingI am accumulating IDFC first Bank from 52 levels since it broke upward from the pivot. Massive Delivery based buying can be seen in the last few days. Considering the positive results yesterday one can think of buying for a long swing if it opens above 58 ( preferably gap up) and shows volume. Personally, I think this stock can be a multi-bagger if the growth story continues.
IDFC FIRST Bank AnalysisIDFC FIRST Bank if Sustains Above 69.3, more Upside is Possible and Target on Upside is 101.15
IDFC First Bank - Inverted Head & Shoulder1. Looks like Inverted Head & Shoulder Pattern
2. Trading near the channel resistance
3. If Breakout happens! Buy only on weekly closing above 52
4. Stop lose below the neckline
IDFCFIRSTB | M PatternIDFCFIRSTB showing Double Top Pattern can come to downside supports shows on charts.
IDFC First Bank: A chance to enter from long term perspectiveIDFC First Bank
- The stock has recently saw a rally from 28 odd levels to 53 levels in 3-4 months
- thereafter the stock has seen distribution at 50 odd levels
- now the stock has seen a correction of approximately 13% from the top
If some one has a long term perspective, one may consider buying the stock in parts
50 day EMA is around 45
200 day EMA is around 42
Have plans and preparation to accumulate the stock, if you see the above levels
Target 66 / 80
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
IDFC First Bank: a probable long tradeIDFC First Bank #idfcfirstbank I like how the bank is switching to retail loans. Improved financials viz CASA, CRAR etc.
#cupandhandle & inverted #headandshoulders
Targets in orange
SL~ LT 28 WCLBS
~ST 36 CLBS
Con: exposure in #spicejet
#nifty #investing #multibagger #stockmarketindia
IDFCFIRST BANKstock near 53 resistance level so who long in this stock from breakout level ...profit booking may come at this level ..further long side move above only 55 .
IDFCFIRSTB in Wave 3 If in Wave 3, IDFCFIRSTB can travel towards 112. Also important challenge will be to cross long term trend line , crossing it will also support the breakout and further extension of wave 3
Use discretion & SLs
[POSITIONAL] IDFCFIRSTB Long IdeaIDFCFIRSTB is in uptrend right now from last 25-30 sessions. From last 3 sessions there was some decline observed in IDFCFIRSTB as it was trying to cross a major resistance zone of 44-46.
Today IDFCFIRSTB has created a huge bullish engulfing candle which engulfs almost last three day's candles. Volume also looks good - Resistance Zone also broken so IDFCFIRSTB can be LONGed at the current price.
Entry - 46.5
SL - 41.5 ( we will keep the SL little below the previous swing low)
Target - 53.5
Target should be achieved within 1-2 months if all goes right ( no global mess up)
IDFCFIRSTBANK- Medium Term, Bulls gaining momentumIDFCFIRSTBANK- Medium Term, Bulls gaining momentum at accumulation zone. Potential move towards 52 levels in the medium term.
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
Intraday/positional buy ideaThe stock is testing its strong resistance and looks good above 46.5 level for both intraday and positional. Positional targets will be 47.5 and 49.4.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
IDFC First Bank Ltd (IDFB) break out IDFC First Bank Ltd (IDFB) Break out level.
Today momentum created in IDFC first bank stock.
With high volume. Price increase.
If tomorrow open 46 good buying opportunity.
Time to go for long. Next target 48.50, 51, 55. Thank you
