Idfc Frist bankThis stock forming my techno funda pattern in which technicals and fundamentals both are included
Technical (moving average,trend, strength,)
Fundamentals (sales,EPS, PROFIT)more than 20 %
IDFCFIRSTB trade ideas
IDFC first above 54, will open up levels for 69
IDFC first above 54, will open up levels for 69
setup is getting stronger
wait for closing above 54
IDFCFIRSTBIDFCFIRSTB Chart Analysis........31/08/23
The descending triangle pattern on IDFCFIRSTB chart has converted into bullish pennant pattern or its target of 86 has been completed and now its rounding bottom pattern has its target of 108
Long : 90
Sl : 84
Target : 108
Enjoy !
20/08/202320/08/2023
IDFC First bank on monthly chart
CUP pattern
CMP: 88.95
Target :97-105-115
SL:82.5
Information is only for study purpose
IDFCFIRST BANK
The stock has given a breakout above its all time high of 86.
The Monthly RSI moving past its previous peak of 70 also confirms strength in the stock price.
No definite target for the stock, but if one is looking to invest in Banking Sector, this should ideally out-perform its peers.
Bullish view remains intact as long as price survive 80!
idfc bank looking bearish.idfc bank has been given a good rally, stock is facing resistance at upper level, it may enter in distribution face soon.
#IDFCFIRSTBANK... Looking good in upcoming sessionlong term inverstment call
🧲🧲🧲🧲🧲🧲🧲🧲🧲🧲🧲
IDFCFIRST BANK
BUYING RANGE - 83-85
STOPLOSS 80
TARGET 100/123/138/150/200++++
IDFC First BankIDFC First Bank is moving in a zone and respecting the above resistance and below the trend line. Anytime soon a breakout on either side can be expected in this stock.
Wait for the breakout and re-test of that and it will give a great move.
The chances of breaking above is more due to the current market scenario. SL can be kept at the areas below the resistance and trendline zones.
Trade safe. Manage risk. Be profitable.
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Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
IDFC FIRST BANK Long-Term Break-Out!IDFC FIRST BANK has broken out of trading range on One Month Time frame Chart. Break-out after 6 Years trading in a channel!
Those who are holding can consider offloading 30 to 50 percent holdings to realize profit and hold the remaining to ride the up move!!
Looking for exponential move on up side if this break-out sustains!!!
buyBuy around 67-67.7 stop loss 65.5 target 81-83 . Rally can extend to 100-120 over next 8-10 months.
Disc : It's not an investment advise to buy or sell.
CHART OF THE WEEK. IDFC bank has given breakout above 68.5 after 7 years of consolidation. These breakouts are very very important in technical analysis. The next resistance is somewhere around 81. Both IDFC and IDFC bank has given a fantastic results therefore it is a worth of an investment.
CMP - 69.85 (26/5/23)
T - 81 W
SL - 62 W
IDFCFIRSTB - Weekly AnalysisIn the Weekly Chart of IDFCFIRSTB ,
we can see that, it has given 6 years breakout with Multiple Chart Pattern breakouts.
Let it retest and the enter with SL.
#IDFCFIRSTBANK : LONG , LT downward sloping trendline breakThe downward sloping trendline is broken on a monthly chart with a decent volume. Target : 70, 80
IDFC First Bank breakout possibleIn weekly Timeframe IDFC can be seen having resistance @62-64
If it breaks the resistance then we can see good move upwards from 70-75-80
If it reverse from this then we will see bearish trend in IDFC to around 40 and below.
Disclaimer:
This is not a financial advise. The content is for educational purpose and it is my own personal views.
IDFC Short R/R ratio 5.2IdfIdfc NSE:IDFC
Shorting on daily timeframe.
Risk to reward ratio: 5.2
Never trade a short without a stoploss.
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
IDFC First bank may follow this trend if crosses 63 markI have a strong feeling this time IDFC bank will go past the resistance near 63. I will double my position if we break the resistance successfully on day chart. Target is whooping 119-120 per share.
IDFC first bank good set upGood set up for a run up on DTF, WTF...for a leg up to TP 70.-20% upside.
IDFCFRST BANK TRENDLINE BREAKOuTTrendline Breakout with good Volumes in IDFCFRSTBAK.RSI also crossing 60. may provide short term gain in 1-2 days
