Target 200%RR is almost 12 in this trade. Entry is already triggered but one can enter in this trade neat the resent candle close. Target is probably 200%.
IDFCFIRSTB trade ideas
IDFC First Bank BreakoutA range breakout(horizontal) as well as a large triangle consolidation breakout at play here with good volume, can see firther upmove and retest of the brakout region(safest entry) and then an upleg again
Trendline breakout on Weekly chartNice breakout on the weekly timeframe, can go long above 53 with SL 45.
Educational Price Action AnalysisPrice Action Analysis
always wait for HH to enter the trade to get an impulse move.. in the current situation 15 min candle close above 53.50 then one can enter it with a target and keep a SL.
Potential Breakout in IDFC First BankTrendline breakout in IDFC First Bank's Weekly chart.
Before moving to Target 1 (T1), price may retest the level of 50.40 once.
IDFCFIRSTBANK_CUP AND HANDLEIDFCFIRST BANK is forming bullish CUP and HANDLE pattern.
One can go long from here.
(FOR EDUCATIONAL PURPOSE ONLY)
IDFCFIRST BANK : ANALSYSISThe stock has taken support from trendline and fib level. After healthy correction, stock is at good to accumulate for long term view point.
Other Factors :
Pros - Triangle Pattern, Multiple Moving Average, RSI Positive , Risk & Reward Favourable
Cos - Low Volume, Volatility
Entry, Stop Loss and Target mentioned in charts.
Thanks
Triangle BreakoutIDFC FIRST bank is trying to give a triangle breakout. Buy above 52.5 level for a positional target of 55 and 57.4
Learn & Earn,
Dr. Tanya Kumar
ACCUMULATE BELOW 38already reached wolfe wave target , now it is forming the same pattern, short term trader should wait for clear reversal from 38 levels, target mentioned on chart
IDFC First bearishIDFC first operating in range and in downward trend.
As per wave theory, it is currently started its 5th wave and is expected to touch bottom of 35-37 range.
Disclaimer: This is not any type of recommendation.
IDFC FirstSimple Analysis......................................................................................................................................................
just for educationSHORT IN CASE
BELOW 50.50, FOR TARGET OF 49, 48.
LONG IN CASE
HERE, AT CMP 51.65 FOR TARGET OF 52.5, 54 (IF CLOSE ABOVE 54, THEN AGAIN LONG POSITION FOR TARGET 56, 58)
SL : 50.50
Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Key Support + EMAEntry Below Rs 49 i.e. EMA & Trendline violation
Target Rs 46 , Rs 42
Stop Loss as per price action
Thanks !!
IDFC FRIST BANKSo guys what do u think about it ??? ...............................................................................................................................................
IDFC FIRST BANK - Awaiting breakoutIDFC can soon give a breakout from the trendline and we can expect a good move. Buy the Stock once the trendline breaks.
IDFC FIRST BANK "BUY CALL" 14% TARGETThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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Maverick Trader
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FY21-22 Swing Trade Idea #197: Long on IDFCFIRSTBThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
go long on IDFCFIRSTstock makes the first high on 26th september 2016,
lower high on 8th jan 2018,
second lower high on 1st april 2019,
breaks out of resistance trend line on 4th jan 2021,
hits cycle point on 4th March 2021 to complete the 1st elliot wave,
starts an ABC second wave of correction and completes the same when it lands back on the resistance trend line (retesting) on 23rd august 21,
Stock presently in the 3rd wave, which is called the money wave.....
HOLD PATIENTLY......to reap maximum gains....
I have drawn the pitchfork to guide us in the possible trajectory of future price action....
Stock will hit the UML os the pitchfork which can be the first target...
DEEPAVALI PICK IDFC BANK, above 58 will have movement to 70, RSI signal., volume, trend analysis, good and accumulation, shows movement above 56-60 can move upto 70 and till 100 in year time before next Deepavali
IDFCFIRSTBANK WILL BREAK IMPORTANT LEVELIdfcfirst bank will break and get a perfect rally . Buy above this level. And sell on top.for 15% profit .
