IDFC BULLISHA Bullish Flag is a technical analysis pattern that suggests a potential continuation of a bullish trend. Here's a description of the Bullish Flag pattern in IDFC :
Pattern Description:
Flagpole: The stock price of IDFC has been in a strong uptrend, forming a flagpole (a sharp, almost vertical rise in price).
Consolidation: After the flagpole, the stock price has consolidated within a narrow range, forming a flag (a rectangular or triangular shape).
Upper and Lower Boundaries: The flag has upper and lower boundaries, which are roughly parallel to each other.
Breakout: The stock price is expected to break out above the upper boundary of the flag, continuing the bullish trend.
IDFCBANK
#IDFC MIDTERM SETUP (2ND POSSIBLE ENTRY)Greetings Folks,
today i have prepared a setup on IDFC on NSE
the setup is the sequel of the previously given setup
- we are here looking for a possible 2nd entry if possible
- the breakout was good, the price is retesting right now
- this chart is 4h , so it may take some time
dont play with fire, always use predefined stoploss
#IDFC MIDTERM LONG TRADE IDEA SETUP Greetings Folks,
today i have prepared a setup of IDFC on NSE
- To your attention this is a mid term focused chart, dont seek quick move from this
the analysis is as follows
- there is a range near the all time high which is a good sign that price wants to create another ATH
- i have mentioned 2 entry points in the chart
and have also marked the 50% of the range
dont play with fire , always use pre defined stoploss
#IDFC #IDFCLTD