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.
IDFCFIRSTB trade ideas
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!
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..!!
DISCLAIMER:Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stpcks or futures and sandeepkumarmeena is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information.
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!!
