IDFC First bank a potential buy at 68 rupees I'm thinking of buying IDFC First Bank shares at 68.25. What do you think? Have you been following the stock recently?"
Disclaimer: While I can provide information and analysis based on the data available, I cannot offer specific financial advice. It's essential to consult with a qualified financial advisor before making any investment decisions.
IDFCFIRSTB trade ideas
idfc first corona period support & resistant line- pennant flag pattern formed in weekly chart
- corona period resistant line now acting as support line
- wait for break out
This analysis is my own idea.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
in.tradingview.com
IDFC FIRST BANK - BREAKOUT / BREAKDOWNYou guys are smart if you really know how to trade this Pattern !
A rectangle chart pattern forms during a period of consolidation, where the price moves between parallel support and resistance levels. This pattern indicates indecision in the market, with buyers and sellers in equilibrium. The price bounces between these horizontal levels multiple times, creating a rectangular shape. Traders look for a breakout from this range to signal the next move. A bullish breakout occurs above the resistance, while a bearish breakout happens below the support. Volume typically decreases during the formation and spikes during the breakout, confirming the pattern’s validity.
Clear Accumulation/Distribution Happening, pay attention even if you dont want to trade it's fine !
Upcoming Trade set upThis pattern suggest that in coming days we may get an entry which can
potentially generate around 30 %+ revenue on investment in short term basis
One can keep track of this stock and make benefit on entering timely
This is education content
if you have any Questions please feel free to ask
Thanks
IDFC First bank Short StrategyWe can entry a trade if it gives a clear green candle breakout above 75rs in a day candle, and expect a short term level of 78rs and if it breaks 78rs we can expect simultaneous target to be achieved, Make sure to set a stoploss just below the breakout candle.
As IDFC First bank has given news regarding the merger we can expect a good move on monday market.
Cheers happy trading!
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
Stock Alert: IDFC First BankPotential breakout in the making!
IDFC First Bank is showing a flag and pole pattern on the weekly timeframe, which indicates a strong continuation signal. This pattern generally forms after a sharp price move (the "pole") followed by a consolidation phase (the "flag"). We are now approaching a potential breakout point.
🔍 Key Highlights:
Pattern: Flag and pole
Timeframe: Weekly
Potential breakout zone: Trendline
Volume activity: Watch for a volume surge during the breakout.
If this breaks out, we could see strong upward momentum. Keep an eye on this stock!
IDFCFIRST BANKIDFC First Bank has recently broken its downtrend and is now trading near key moving averages, indicating potential support around 74. With the RSI approx. 53, as of now momentum is slightly bullish, and strong volume also suggesting trader's interest. The stock could rise to the next resistance around 82-84, but it’s crucial to keep a stop loss around 70 to manage risk. Overall, it looks like a cautious buying opportunity with potential upside if the stock sustains above current levels.
Please note: It's not any buy/sell/hold recommendations. It's just for study and analysis purpose. Please do your due diligence before any trading decision.
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Vijay
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IDFC FIRST BANK LTD, 14th August /Trading plan Chances of selling in price bracket of (71.58 & 72.05) if banking sectors favours.
Selling can be done showing weakness in the price bracket
RSI for the day is poor.
Follow me @ BenSah /for more trading ideas and scripts
Disclaimer /trading involves risk, so trade at your own risk.
Happy trading.
IDFC FIRST BANKI am posting this idfc first bank chart third time, idfc bank in 4th elliot wave as per bigger time frame chart it will need to form 5th wave.
we can see a corrective wave of abc to form 5th wave so I am sharing two cases in this script:
- in 1st case if last low doesn't broken it will come around 71.35 then it will go around 95 target
- in second case it will go below last low around 69 levels then it will go around 88 levels, it will give breakout of 84 zone
Thanks
IDFC FIRST BANKIdfc first bank is consolidating from long time in a range or we can flag and pole in long term, currently idfc is making second wave or resistance becoming support for this share.
If this can happen we can see 88 in idfc first bank as breakout of this structure or abcd pattern
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