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++
IDFCFIRSTB trade ideas
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!
IDFCFIRTSB - inverted H&S* For educational purpose - please follow your own research
forming inverted H&S - with support at 27 and target for 1st - 33 and final 36
Bank has been showing good performance with its new business model and is looking strong to turn around its fundamentals to head for higher targets.
aggressive position - buy at 28.40
safe ones - buy if it sustains above 29.15 - 29.20
IDFCFIRSTB Inverse Head And ShouldersIDFCFIRSTB is forming Inverse Head And Shoulders. Wait for the breakout and confirmation
This idea is for education purpose only.
[ Positional ] IDFCFIRSTB Inside Bar SetupAs per IB Theory,
SL will be Day's High if long triggers and vice versa
Rest as per Charts
IDFCFIRST Three UP Three DownThree Push up, Three push down Trade setup. If prices reverse Target is as per Chart, If not, May Day..May Day..!!
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This is one person’s experience, your experience may differ.
IDFC First Bank Ltd. - WEEKLY CHART!!IDFC First Bank Ltd.
Since past four weeks price consolidating with in a five points range where 24 is support and 29.20 is resistance.
Price need to produce breakout from mentioned five points range to unfold fresh bullish / bearish momentum.
As of now price maintaining short term consolidation nearby lower side of the down trend.
FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
CAN YOU SEE THE FALL COMINGDo not take weekly or monthly position in idfc first bank. The decreasing volume with increasing price shows an indication of bearish fall coming. RSI also shows a small divergence from price. Trade cautiously. Trade the breakout if it falls.
IDFC First Bank ( Most awaited move to comeCreated double bottom at 17 - 18.50 has strong support. reached 25 level in 1st week June, then after was in consolidation phase for on month been in range 25- 29 range. if sustain in 29 level than we can see break out to 32.80. ( most awaiting price action from this counter).
There are possibilities can reach till 40 levels.
INTRADAY IDFC FIRST BANK !Idfc First Bank is about to creat a double top pattern after a uptrend this could be a minor or major price reversal you can trade it for intraday.
Take a short call on today's low broken set a Sl up somewhere there and have a preplanned target..
:)
