IDFCFIRSTB trade ideas
IDFCFIRSTB - Long Setup, Move is ON..NSE:IDFCFIRSTB
✅ #IDFCFIRSTB trading above Resistance of 76
✅ Next Resistance is at 84
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IDFC FIRST BANK 4 hourly chart analysis Hello Friend's
I hope this message finds you well. I am reaching out to share an exciting short-trade opportunity that has the potential to yield a substantial return on investment.
Here are some key reasons why I believe this trade is worth considering: on this stock chart RSI and MACD, and VOLUME showing double bearish divergence so, please lighten your position and be careful.
IDFC FIRST BANK Short term buy setupIDFC FIRST BANK is making a classic running flat on 1 hour time frame, also breakout is happening for upside, you can look to enter in lower time frame with any flag or flat, keep your stop below the breakout impulse, and take profit near mentioned level, also note that mentioned level is a monthly top, so it might reverse after breaking that top or keep going upside so that is level of caution, i won't recommend you hold your trade after price touch that level, even it goes further upside just wait for it to make corrective pattern for further buying.
Simply LongThis is my trading journal, not a trade recommendation. Idea presented only for educational purposes for me and others who want to benefit from my experience.
Measured move of triangle breakout i.e. 67.3 coming. visualizing the price movement in channel is best way to identify whether market is going up or not. Wyckoff structure giving additional confidence.
DISCLAIMER:
Trading in the stocks market or futures markets is on e 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 stocks or futures and I shall not be 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. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
IDFC First Bank - Long Setup, Move is ON...#IDFCFIRSTB gave an entry at 43.40 on breakout.
Has moved from 43.40 to 54.15 levels.
It is now trading above Resistance 1 of 50.50.
Next Resistance 2 is at 58.15.
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IDFC First Bank 4 Hrs EWT Analysis IDFC First Bank 4 Hrs Time Frame Elliott wave analysis.
Simple corrective ABC pattern of Minuette degree formed.
Wave C pattern is reversal pattern which is denoted by me as abcde (Wadge pattern).
We anticipate tag out of wave B
My validation level is 52
Disclaimer
It is my personal research before taking trade or investment please guide your financial adviser i not SEBI Registered financial adviser .
IDFCFIRSTB towards 60. Strength in Hourly Charts.Idea #4
Trailing Win Rate: 66% (for the past 3 ideas published)
Inspite of the rate hike talks by the Fed yesterday, Indian markets have performed exceptionally well today and especially the banking sector. Nifty Bank recovered well and IDFCFIRSTB is on the verge of long-term breakout of 4 years.
Conservatively it is likely to reach 60 but if it reaches 60, it is a breakout on the 4-year downward sloping trendline.
Long at CMP for an eye on 60. Stop loss is dynamic.
IDFC FIRST BANK BUYING OPPERTUNITYTake your trade as mentioned on chart.
This trade depends on demand & supply game. we assuming that the at specified price range on chart Professional orders are pending and when price come again at this point, we will find sharp jump into price. Our target will 1:5. Must put SL in your trade, better to place Bracket order. Sl is 0.5% of our capital. i.e if your capital is 1000000 then your SL is 500RS only and profit will 2500RS.