IDFCFIRSTB trade ideas
IDFCFIRSTB - SIMPLEST SUPPORT STUDY TO GET 2.4 TIMES REWARDAll levels mentioned on chart.
Assignment : Can you draw correct fibo extension to calculate Target 2. Post on the comment.
Thanks
Piyush Gupta
Learn & Earn
Trend line support in IDFCFIRSTBIf it breaks the trend-line support then the price may fall again else go for a swing trade opportunity.
IDFCBankIDFC FIRST BANK (MULTI YEAR BREAKOUT) :- buy at 43-46 range for target 70++ STOPLOSS 32 WCB
#Disclaimer:-I just shared view for only educational purpose.
Weekly Trendline Breakout IDFCFIRST BANK : Weekly trendline since Nov 2016 broken. Missed entry.. Lets see if it retraces and gives entry
Idfc first bank at very important level nowIt took some time but once it broke the long run TL , it moved almost 28% up in last 2 weeks to close this week at another important resistance level (Blue flag). It has further potential to move further above this resistance. Keep this on radar. Visit previous chart in the link below.
IDFCFIRSTB - KEY BREAKOUT LEVELS FOR 14 JAN 2021Since I have received many queries, traders interested in Intraday Equity Cash & Futures calls/strategies, you can direct message me for further details. Minimum 1:2 risk/reward ratio.
IDFC First Bank - Multi-year Trendline BreakoutAfter a 4 year down trend , the price has managed to terminate that trend. Facing a resistance at 48, if it manages to cross it can quickly race to the target.
However, if not, it could most probably gather itself at 42-45 for its fresh upmove.
IDFCFIRSTBOne more breakout in the stock in weekly timeframe.
Holding from lower level.
CMP: 47
Target: 57, 68 in short term
Very Near to Resistanceit coming on track with volume strength but wait to watch at immediate resistance. If it crossed then will try to touch 57 level
Immediate/Major Resistance – 47
Short Term Support – 37
Chart Trend - Positive
Recommendation - Hold
Note: Overall Analysis prepared for learning purpose only.
Idfc first bankResistance there its not that easy to brk this it will take time ones broken can touch 55 n 57
IDFC FIRST Bank Weekly Analysis - Trend line BO - Swing to long NSE:IDFCFIRSTB Levels already mentioned.. Good candidate for Swing to long term investment..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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Long time Breakout happened in IDFC First Bank#IDFCFIRSTBANK #SWING Long year trendline broked with good volume, good for short time.
