Trend BreakoutThe 30 min chart making lower high and lower lows and took support at daily level and also on Fibonacci 61.80 level (Strong Support), now it may break the trend at the confluence point.
IDFCFIRSTB trade ideas
IDCFIRSTBANK, Inverted Cup and Handle like patternIDFC First Bank is forming an Inverted cup and handle like pattern, if it breaks today's low of 55.3 then it will get confirmation.
IDFC FIRST BANK ALL SET TO TAKE OFF LEVELS MENTIONED ON THE CHART
Similar trade i posted few days ago on GSFC and stock is up 7% already
Please follow my profile :)
Do your own research as well as this is for education purpose
IDFCFIRST BANK POSITIONAL TRADE ANALYSISIDFCFIRST BANK BUY ABOVE 58 SL 55 TARGET 61-64-69, CAN ALSO BUY APRIL 60CE/62CE
IDFC FIRST BANK at perfect reversal zoneIdfc First Bank can currently take support at 57, and if it manages to be above 57 , it can be a beginning of a new rally, since that was the latest resistance of 2019.
IDFCFIRSTB Bullish viewEnter with the Breakout
Levels are given on the chart
Disclaimer: This is not a investment/trade recommendation
IDFCFIRSTB: BoxIDFCFIRSTB
==========
Observations:
- stock has started trading in a box range
- chart displays the actionary stroke on 30min TF
- expecting a similar stroke which can take it to the upper boundary, i.e 61
*** All content in the post is for educational purposes. Should not be misconstrued as advice. ***
Swing Trade Idea #246 : Long on IDFCFIRSTB This is a public swing trade idea 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 it 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.
LongPrevious day among high volume gainers
Enter between 56-57
Tgt 58.5, 60
Sl 55.80
For intraday only
IDFC First touched its bottom on trend line. Started moving up IDFC first started upward journey after touching its bottom on trend line.
target : 75/75+
SL: 59
Disclaimer: This idea is for learning. I am not recommending this share. Do your self analysis before investing.
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%
