IDFC FIRST BANK BULLISHIDFC FIRST BANK BULLISH... HIGHER LOWS + RESISTANCE TURNED INTO SUPPORT = BULLISH.
Upcoming targets: T1-64; T2-70. Ideal stoploss below 54.
IDFCFIRSTB trade ideas
IDFCFIRSTB- LongIDFC first bank has tested neckline support (H & S pattern) multiple times & looks bullish & ready to go up.
Entry at current level is recommended & target levels have been clearly specified. This stock is fundamentally strong & has all reasons to go up. RSI looks good to me.
IDFC First Bank Swing Trade (IDFCFIRSTB)IdfcFirstB saw its great run from 20 to 69.46. The stock is been falling since June from 61.90 to 53.52.
On the 15 min time frame its forming a symmetrical Triangle.
54 is also the current strong resistance, If the triangle Breaksout on the upperside i.e above 54, then it will reach the target of 55. 55 will also act as crucial resistance ( As per current data).
If the Stock Fail to cross 54 on the upper side it will surely meet 53.4 on the downside.
For Educational Purpose only :)
Happy Charting. Have a profitable Day.
IDFC First BankIt's on 54. If support point break on Monday it's move down and Moving Average of 10 point is crossed Moving Average of 50.
📊 IDFC FIRST BANK 🎯NSE:IDFCFIRSTB
As one can see stock at harmonic PRZ, so you know how to trade on reversal then one can go long with given Stop loss. this might be good swing trade if stock will get support from this harmonic PRZ.
PZR 1:- 54.15
PRZ 2:- 53.80
Stop loss:- 53 ( closing basis) please follow this stop loss strictly if you are trading on this.
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******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 F BANKBuy-53-52
SL-48 Below Daily Closing Basis
Target-62-69-76
Tiime Frame-2 Months
Bank Nifty Under performance is About to end After 200-300 Points Fall..
Time To Enter Some Mid-Cap Banks..
Favorable Pick.
Selling Might Be Over In 2-3 Days..
IDFCFIRSTBPositional Pick : Symmetrical Triangle Pattern
Safe traders can take entry when on daily TF gives good bullish candle close above orange trendline.
Orange trendline = closing basis; White trendline = highs & lows basis
IDFCFirst Bank @ 57.50 target 60+There is a pin bar at support line as such it may again target 60 + levels soon.
Buy and Hold IDFC FIRST Bank According to chart scrip is facing major resistence at 63-64, which will broken in coming days .
IDFCFIRSTBANK BULLISH BREAKOUT1.STRONG BULLISH VOLUME BREAKOUT.
2.RISK: REWARD 1:3
3.LONG POSITION BUILDUP IN STKFUT.
4.NIFTY PVTBANK BULLISH BREAKOUT.
IDFCFIRSTBIDFCFIRSTB
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1. BREAK ABOVE THE MONTHLY RESISTANCE 55.20 AND RETESTED THE SUPPORT AT 47.
ANALYSIS
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WE CAN BUY AT CMP. ALREADY THERE WAS SOME CORRECTION IN THE DAILY CHART
TARGET: 67 AND 79
STOP LOSS: 46 (CLEAR STOP LOSS) OR 53 (WITH LESS RISK)
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Everyday morning before market opening, I will post nifty levels for the day. Kindly check it out.
idfc first bankabove 70 first time it will give a long term breakout. targets will open up for 120/150
idfc first bank bullish shark long termBank is following the shark harmonic pattern in monthly time frame. Trend line breakout was seen at 35 rupees which was best to enter the stock . Now the target point according to shark can be either .886 to 1.13 range which completes at point D as we see in all other harmonic patterns . Now, B to D(1.618) must be near to point D as much as possible. So, we used point D at 1.13 not .886 . According to this pattern our potential reversal zone range is 83.35-89.90. Maintain stop loss of 55.60 on candle close basis, use one day candle for this.
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good luck
FY21-22 Swing Trade Idea #66: 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.
