IDFCFIRSTB trade ideas
IDFCFIRSTBK - Low risk trading opportunityIDFCFIRSTBK - Low risk trading opportunity - It has taken support at 50 EMA, with good volumes. The Risk Reward is in favor.
Long IDFC First Positive reversal
Daily RSI taking 60 support
good validating volume
50% fib rejection
avwap and 50 EMA confluence
Beautiful respect to weekly resistance in IDFCFIRST BANK chartUltimately Idfc first bank moved from 35 price levels to almost 70 after breakout of long TL. Reached to third proposed target which was previous weekly high point. And how beautifully it respected that resistance and pulled back down till second target, trying to go up again now. Visit previous charts in the link below.
IDFCFIRSTBANK about to give explosive moveIDFCFIRSTBANK is at a very strong support...and it seems to be respecting the support...
At Fib retracement of 23%IDFCFIRSTB is at 23% Fib retracement. Keep accumulating till 38% retracement levels upto 60.45 for targets of 83+
SL below 59-60 CLBS
IDFC FIRST BANK, accumulate fro upside of 60% trgt 75+IDFC FIRST BANK is in accumulation mode , buy on all dips. with an upisde trgt of 75 rs or 60%
Target 1 (57%) achieved in 6 Weeks. Trade is ON...This is follow-up on IDFC First Bank. Can check link to related ideas.
Target 1 achieved in 6 weeks. More than 57%. Trade is ON.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
IDFC First Bank - LongHeavy buying and vloume and price break out on chart and breaks Nov -17 hight , Now ready to break all time high wait for 1-3 months.
Ready to fly tide your seat belt.
Long IDFC FirstPrice Action suggests strong Breakout above 2 weeks consolidation. Buy around 52.5 with SL 45.5
Disclaimer: Ideas for educational purpose.
Idfc first bank at our second target Idfc first bank moved almost 40% after strong TL break out in last 2 months. Reached to our second target. Next resistance can be the third one if sustains above resistance. Previous chart in the link below.
Breakout Retest and now ready to fly highPositional Trade:
IDFCFIRSTB
Had a breakout and a retest now ready to move upwards
-Mohit Rajani
