IDFCFIRSTB trade ideas
IDFC First Bank For Swing TradingIDFC First Bank is in a bullish momentum.
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If its Break 60.15 resistance, it can easily reach 68-70 .
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You can buy this for swing trade purpose after the Breakout.
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Keep learning keep earning.✌️
Trade setup with fibonacci This setup is on daily timeframe.
Stoploss at 0.38 level i.e. below the resistance line of pattern which should act as support now.
If the 0.61 level is break the we will get the confirmation that the trend is changed.
The uptrend will begin and 52 week high will be our major resistance and the target too.
Because it's 52 week high it's strong resistance,
so to go a little safe I will plan the target little below it.
The RR ratio is not that pretty. It's 1.27.
An example of price action analysis with fibonacci.
This post for educational purpose only.
IDFCFIRSTB Looking for Good From this Level ( Tight Stoploss )Stock is Overall in Uptrend.
Yesterday price breakout from 58 region now took support from the Same Level .
This is the best place to buy with Tight Stoploss and this can give you Good R:R from this level .
In 15 Minutes TF price also Respecting that Level .
Target will be around 63 in coming days.
Let see where it goes
Entry - 58.8
Stoploss - 55.4
Target - 63
Target 2 - 66.65
IFDC FIRST BANK | 35% potential | 100EMA supportCMP- 59.25
SL- 54 (more conservative - 53)
Target- 69, 80
25/5/21
- Moving above Daily EMA, Weekly EMA crossover seen
- 100 EMA support (confluence)
- VOL is increasing on the up moves
- Price went from 50 to 57 then took a halt and broke 57 with good volume (shows structure change)
INVERTED HEAD & SHOULDER IN IDFC FIRST BANKIDFC FIRST BANK was consolidating for a while at this price range.
IDFC FIRST BANK has formed inverted head and shoulder in hourly time frame.
IDFC FIRST BANK was at strong resistance at 57.10 which has been broken with a positive bullish candle.
IDFC FIRST BANK is fundamentally strong and promising future.
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation.
IDFCFIRST #StockMarket #StocksToBuy #StocksToWatch #stockmarketsFinally IDFC First Bank at BO.
Proper entry will be above 60 levels.
Keep positionally view.
IDFCFIRSTB Positional Trade Opportunity above 58 for TGT - 70/80IDFC FIRST BANK moving continuous in uptrend channel with very heavy volume build-up since last 1yr
Breaking Horizontal S&R too.
Buy above 58 SL 48 TGT - 70/80 (positional trade - 2/3month duration)
IDFCFIRSTBANK_BULLISH MOMENTUMWe can expect bullishness in IDFC FIRST BANK in near future.
(for educational purpose only)
IDFC First Bank for Short-Termthis is looking good for long with the support of 47
looks like 80 will come soon
#Idfcfirstbank cash : Looks good above 58.25#IDFC First bank -Positional call for 1 month
23.05.2021
Buy only above 58.25
stoploss 55
target 60.50-61
Risk free above 61 for 69-70 and above.
Cmp 57.25
IDFC FIRST BANK POSITIONALWeekly Ema Crossover between Ema50 & Ema200. Rsi/Volume is good.
A Weekly candle has closed above 57. Further upside movement should confirm the positional entry for mentioned targets of 67 & 80.
Maintain SL = 47.
NOTE: Only for educational purpose.
IDFC FIRST BANK ,1D Ascending Triangle ✅
Stock name : IDFC FIRST BANK
Time frame : DAILY
Cmp : 57
Breakout level : 60
Stoploss ; 50
Tgt : 70 (20%)
Time Duration : 45 Days
"No more roadblocks to move ahead"- says IDFCFIRST - Will you ??Not a SEBI Registered - Do your own diligence - Not responsible for your Profit or Loss....
IDFC FIRSTBANK :LONG POSITONAL TRADE . THIS TRADE ANALYSIS IS BASED ON DATA AND MATHS AS WHEN AND WHERE BIG PLAYERS ARE BUYING.GOOD TRADE FOR THOSE WHO WANT TO TAKE CASH POSITION AS IT MAY TAKE TIME ( FAST OR SLOW..SO WHY TO GIVE PREMIUN FOR OPTIONS AND FUTURE) .
