IDFCFIRSTB trade ideas
IDFC firstIDFC first bank seems completed its correction and now heading up .
one can enter will minimum stop loss to get potential up move in the coming weeks
IDFC FIRST BANK "Udega" ? I have added all the required details in the page and it looks like a flag and pole pattern breakout along with falling wedge pattern. Can bet good on it ! I am in !
IDFC First Bank - Trade setupBullish trade
Stock is currently in downtrend
Rounding bottom formation in daily chart, neckline breaks at 51.40 that indicates trend reversal
Go long after this neckline breaks, keep a SL of 45.50 below on closing basis
Pattern will have potential to touch previous swing high that was 61-62
Positional Trade - IDFCFIRSTBIDFCFIRSTB looking good for short term.
*We are not SEBI registered
This is only for educational purpose.
Please consult your advisor before making any trade or investment
IDFCFIRSTB Swing TradeBuy above todays high.
Manage your risk. Trade with appropriate position sizing and risk management.
📊 IDFC FIRST BANK At Breakout 🎯NSE:IDFCFIRSTB
As one can see on the chart that IDFC FIRST BANK share at breakout level if we will get breakout then we might see target as mentioned on chart.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI registered.
IDFC FIRST BANK, MULTIPLE CONFIRMATIONS1) In weekly TF we can see a flag and pole pattern formation and taking support from 200 MA
2) In daily TF we can see falling wedge pattern BO and consolidation below 200 MA
3) In daily TF we can see a triangle pattern formation ,after breakout of triangle pattern and price above 200 MA, we can see short term target of 5-7% and long term target of 15-20-25%
IDFC First BankHi,
IDFC First Bank is expected to breakout.
Entry Level - 48
Target - 57 & 61
Stop Loss- 45
IDFC first Bank Elliott wave theory analysisIDFC first bank Technically looking good its follow Elliott wave on a daily charts one cycle have almost completed or 5th wave in lettered phase progress. Its on weekly chart one impulsive move (wave1) and corrective move (wave2) have complete 0.618% beginning 3rd wave which will complete 1.618% @95 . Its minor resistance face 200SMA line @52 and falling trend line touch in this area and Harmonic XABCD pattern Completed D Point indicate reversal sing swings and Harmonic pattern target area 76-86. before investment please guide your finance adviser. thanks all of you good night
IDFC First will Dip lower?IDFC First bank share price has shown immense volatility in its share price in the year 2021. This stock has been observed to have high volume transactions on daily basis. This is because of the strong fundamentals that support investor's trust in this stock. However, this stock is forming a triangle pattern. Currently trading @ 47.65,IDFCFIRSTB could be seen dipping till the range 39 - 41. This is evident as per the dips observed in the majority of banking stocks last week. If IDFCFRISTB crosses support @ 46.45, it will dive deeper. Investors should buy this stock in the dip as the trend reversal after that will lead to IDFCFIRSTB reaching the target price of around 52. This action might take place in the next couple of weeks. This is a growing stock and going long on this stock and holding it can prove to be a great benchmark for future investments.
GARTLEY ON IDFC FIRST CAN GO LONGBullish Gartley (Harmonic Pattern) Formed On Weekly Chart.
Target Should Be As Per Fib Levels & Signals Generated On Levels
IDFC First bankIDFC First Bank - CMP 59.8. Can buy for a target of 60.65, 61.55, 63.95, 65.9 with a sl of 57.85.
Downtrend Reversal Stock looks good for uptrend on weekly & daily time frame. Buy according to your risk & place your stoploss below (40.75) for given targets. Also analyze on your own. Happy Trading !
IDFC First Bank forming Cup and handle on daily chartsIDFC First Bank forming cup and handle on daily chart, best time to buy , risk/reward ratio seems perfect, can have upside move till 57 and stop loss could be placed at 45.5. ( Do keep in mind this stock is a slow mover, will take some time to reach the desired targets)
Note: This is only for educational purpose
IDFC First bank CMP 48.5IDFC First Bank - 48.5, It is in the formation of cup and handle pattern. Its 200EMA is 48.85. If it goes above 48.85which is incidentally the handle breakout point, it can go up to 49+depth of the cup from handle breakout point is 8 points. Means it can go up to 48.85+8= 56.85, with a sl of 47 on closing basis. This is for educational purpose only and any trades shall be done after consulting financial experts.
IDFC bank in monthly time frameIDFC bank in monthly time frame.
Need to wait and watch how it behaves..currently it is forming a triangle pattern
IDFCFIRST BANK - Completed retracement and waiting for GunfireIDFC First Bank after the head and shoulder pattern has retraced to price levels of @ 40 INR. I has resumed its upward journey is nearing long term resistance. In last rally it has tested this resistance of @ 51.5 and tested it and had moved further. In this rally if it breaks price of INR 52 on closing basis it will be headed for next resistances as marked on the charts.
Only for academic purpose.
IDFC First Bank Channel/Rectangle/HnS BreakoutMoving out of a range with volumes
Buy 58-58.50
SL 55.30
TGT 62-63
