[ Positional ] IDFCFIRSTB Inside Bar SetupAs per IB Theory,
SL will be Day's High if long triggers and vice versa
Rest as per Charts
IDFCFIRSTB trade ideas
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!!
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..
:)
IDFC BANK Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
LONG TERM BUY - IDFC FIRST BANKBUY NSE:IDFCFIRSTB FOR LONG TERM INVESTMENT.
Given a good breakout with volume. Looking good to me .
Long near 27 level, SL 24 Target OPEN
Good breakout With VolumeBreakout after being in range for few days with good volume. Could see 32 +
SL 24
