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IDFC FIRST BANK chart analysis for 1st Mar 2021
This is follow-up on IDFC First Bank. Can check link to related ideas. Target 1 achieved in 6 weeks. More than 57%. Trade is ON. Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
All levels mentioned on chart. Assignment : Can you draw correct fibo extension to calculate Target 2. Post on the comment. Thanks Piyush Gupta Learn & Earn
Idfc first bank moved almost 40% after strong TL break out in last 2 months. Reached to our second target. Next resistance can be the third one if sustains above resistance. Previous chart in the link below.
IDFC FIRST BANK is in accumulation mode , buy on all dips. with an upisde trgt of 75 rs or 60%
Heavy buying and vloume and price break out on chart and breaks Nov -17 hight , Now ready to break all time high wait for 1-3 months. Ready to fly tide your seat belt.
Expecting good upward momentum in the upcoming sessions
Positional Trade: IDFCFIRSTB Had a breakout and a retest now ready to move upwards -Mohit Rajani
Price Action suggests strong Breakout above 2 weeks consolidation. Buy around 52.5 with SL 45.5 Disclaimer: Ideas for educational purpose.
Take position on dips between 41-44 for the targets-55,61,69,80 SL-37,32 Take position at your own risk.
this is sample trend and horizontal line for idfc first bank