IDFCFIRSTB trade ideas
IDFC FIRST BANK LONGHere you can see a triangle has been formed, the rally after breakout has somewhat exhausted yet, the price is taking support from the 200MA which is a good sign for the stock to still go higher.
You can take a position if you want on Monday, @33.20, and Target for
1st Target: Between 36 to 37
2nd Target: Between 41 to 42
SL: Look for a right SL in a smaller time frame (Eg: 15 MIN) you can see a good SL @32.75
OVERALL Risk to REWARD Ratio: 1:5 for the first target,
1:8 for the second target.
Comment your VIEWS on THIS
Disclaimer: Just for Educational purposes. Not financial tips or advice.
IDFC FIRST BANKUP COMING STOCK.
BLOCK DEAL @30 RUPEES,
TARGETS IN CHART
TRADE AS PER YOUR OWN RESEARCH ALSO.............
IDF First: Great run from Rs 18Many Chart Patterns here:
Many Inverse Head & Shoulder
Target 38.
Thiough in the short run crossing 32 would be a challenge as the momentum indicators have got oversold.
long idfc first banklong idfc first if it breaks the level 29.25 and closed above then easy target for 32.00. sl will be 27.75.
Creation of levels and shifting of Momentum lineShifting of momentum line, marking of swings, deletion / cancellation of supply area while demand in progress
breakoutstock has given break out after a large consolidation
expecting sharp upside move
follow levels mentioned in the chart
IDFC FIRST BANK (breakout seen_BUY)Finally given breakout on 4th time.
TGT's mentioned on the chart as per the FIB RETRACEMENTS
SL is when it again comes to its channel.
resistace broken with positive macd and volume A resistance of 29 which was honored thrice have been broken , signal line of macd shows a positive long sign so do the volume , rsi have crossed 60 and is below 70 so there is a good possibility for the price to move up
SWING TRADE #7 IDFCFIRSTBANKStock ( NSE:IDFCFIRSTB ) looks bullish,
important levels are
entry range : 28-29.5
stop loss : 26.5
target : 35-38
demand zone === support area
supply zone === resistance area
IdfcfirstbVolume decreasing , divergence seen in RSI, OI is high at 30 ce and 24 pe in August series. It will travel between given Chanel. If it give breakout or breakdown, then next move is depending on OI on put or call side.
IDFC First Bank H & S Chart Pattern !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
seems like clear cut breakout! keep on radar!looking good for 36.5 n then 42.5! however 31 is a strong resistance, need to break that first to open the upside possibilities!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
IDFC First bank..# Breakout trade.Buy Idfc first bank around current market price and on dips till 28...with a stoploss of 26... for r target of 33...36++
IDFC FIRST BANK :- TRADE PLAN 27 JUL ONWARDSPossible Broadening Formation, Right Angled and Descending shaping up in IDFC FIRST BANK.
Waiting for breakout & confirmation of the pattern!!!
Levels mentioned on chart.
Trade Plan:
Buy –29.15
Target 1 – 34.20
Target 2 – 36.20
Target 3 - 38.50
Strict stop below - 26.65
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind,Jai Bharat
A proper Break out Just occurred.Wait for the retest and get into the trade and it has more than 70% chance to go on our favour!
