IDFC First: Monthly time frame , on a verge of a Buy Signal.IDFC First: Monthly time frame , on a verge of a Buy Signal. An important Milestone.
No more Red Band Resistances .
Upcoming Important Levels : 86 / 100 .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
IDFCFIRSTB trade ideas
IDFC First: Red Band disappeared, a very important milestone , mIDFC First: Red Band disappeared, a very important milestone , momentum picks up .
Already it's in a Buy trajectory.
There are no more red bands in any time frames anymore ,Daily ,Monthly ,3 Monthly .
Important levels : 86/100
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Ye Chart Kuch Kehta Hai - IDFC First BankThe weekly technical chart for IDFC First Bank (NSE:IDFCFIRSTB) indicates a positive outlook for the stock due to several key factors:
Strong Buy Signals from Moving Averages: All major moving averages (5, 10, 20, 50, 100, and 200 periods) are signaling a "Buy" on the weekly chart, reflecting strong upward momentum and trend strength.
Positive RSI and MACD Indicators: The Relative Strength Index (RSI) stands at around 57.4 on the weekly scale, which is in a healthy bullish zone below overbought levels, suggesting room for further upside. The MACD is also positive, reinforcing bullish momentum.
Support from Ultimate Oscillator and Other Indicators: The Ultimate Oscillator reading is above 50, indicating buying pressure. Although some oscillators like CCI and ADX show mixed signals, the overall technical consensus leans bullish.
Price Above Key Pivot Points and Supports: The current price is trading above key pivot levels and support zones, which typically act as strong floors for price action and reduce downside risk.
Recent Price and Volume Trends: The stock price has risen about 4.58% over the past week and 6.12% over the last month, indicating sustained buying interest. Mutual fund holdings have also increased recently, which often supports price appreciation.
Analyst Sentiment and Growth Indicators: Over 50% of analysts recommend a "Buy" rating with an average target price near current levels, reflecting confidence in the stock’s growth potential. The company has shown consistent revenue growth and outperformance relative to peers in recent quarters.
In summary, the weekly technical chart for IDFC First Bank shows a confluence of bullish signals from moving averages, momentum indicators, and price action, supported by positive market sentiment and fundamental growth trends. This technical setup suggests a likely upward movement in the stock price in the near term on a weekly basis
[TechnoFunda]IDFC FIRST BANK – DEEP DIVE INTO MULTI-YEAR SUPPORTTECHNICAL ANALYSIS:
Ascending broadening channel structure
– Since the Aug-20 low (~₹15) price has traced a steady up-sloping trendline, touching in Mar-21, Feb-22 and now Apr-25
– Parallel resistance capped rallies in Feb-18 and Sep-23, defining a ~₹80–100 supply zone
– Channel slope averages ~30% annualized gains from support to resistance
EMA confluence and momentum
– April formed a bullish engulfing candle that closed above the 50 EMA (₹63.8), signalling renewed buyer conviction
Elliott-style wave count
– Wave 1: Aug-20 to Feb-23 advance into channel top (₹100)
– Wave 2: Feb-23 to Apr-25 retrace back to support/200 EMA (₹55)
– Wave 3 (projected): expected to carry price toward channel top again, targeting ₹95–100
Measured-move & targets
– Channel height (~₹85–15 = ₹70) added to support gives a potential target near ₹125 – bullish scenario only on a clean break above channel resistance
– Shorter-term target zone: ₹75 (minor swing highs) → ₹85 (channel midline)
Risk management
– Invalidation: monthly close below ₹55 erodes the uptrend and negates wave-count
– Use a stop 1.5× ATR below the Apr-25 low (₹50) for defined risk
FUNDAMENTAL ANALYSIS:
Revenue & earnings trajectory
– Quarterly revenue up from ~₹40 B in 2020 to ₹113 B in Q1 ’25, reflecting strong loan book growth and fee income diversification
– Net income swung from losses in 2018–19 to a peak of ~₹12 B in 2023, and stays positive at ₹3 B in the latest quarter
Asset-quality improvement
– GNPA ratio down from ~2.2% in 2020 to ~1.3% in Q1 ’25; PCR steadily rising above 75%
– Slippages have trended lower quarter-on-quarter, supporting margin stability
Margin & capital metrics
– Net interest margin at ~4.2%, above industry average, driven by retail and SME lending
– CET-1 ratio comfortably above 13% with Tier-1 capital buffer, enabling healthy credit growth
Valuation & catalysts
– Trades at ~0.4× book value and 10× trailing P/E vs sector averages of 1.5× and 15× respectively
– Potential rerating catalysts: continued NIM expansion, sustained reduction in credit cost, digital customer growth
MACRO & SENTIMENT CONTEXT:
- RBI rate cycle poised for cuts in H2 ’25, which could support credit demand
- Bank Nifty outperforming broader markets; institutional flows have rotated into midcap banks
- Relative strength vs Nifty: RSI on a monthly sits near 50, rising from oversold – room to run before overbought
TRADING PLAN:
- Enter partial long near current price (₹66–70)
- Add on break above ₹75 with conviction
- Targets: ₹75 → ₹85 → ₹95–100 (channel top)
- Stop-loss: ₹50–55 zone (monthly close basis)
- Trail stops above each new swing low to lock in profits as price advances
IDFC FIRST BANK : Important milestone achieved IDFC FIRST BANK : Important milestone achieved . Closed above 200 SMA .
This has happened after a long wait since January 2024.
It's in a buy trajectory.
MACD looks fantastic.
Resistance bands are clearly visible on the chart which could also act as a target band .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
"IDFC First Bank: A Potential Swing Trade Setup – Key Levels to IDFC First Bank: Swing Trade Setup – Key Levels & Entry Strategy
Market Overview:
IDFC First Bank has recently pulled back after making an all-time high and is now testing a critical support zone on the monthly timeframe. This presents a potential swing trade opportunity, provided we see confirmation at key levels.
Today's low is ₹52.60, and a break below ₹52.15 could signal further downside before a strong reversal. This trade setup focuses on taking advantage of liquidity grabs and price structure shifts.
Step-by-Step Trade Plan
1. Key Price Levels & Structure Analysis
📌 Current Price Action: Market tested previous lows and showed signs of stabilizing.
📌 Breakdown Level: If ₹52.15 is breached, it could trigger further downside liquidity grab.
📌 Potential Entry Zones:
Early Entry: Above ₹52.15, but only after confirmation of reversal signals.
Safer Entry: If no confirmation appears, wait for a dip between ₹50 – ₹46.
Liquidity Tap Zone: ₹42, where stop losses of many traders may be triggered before a potential upside move.
2. Profit Targets & Risk-Reward Ratio
📈 Profit Targets:
1️⃣ ₹58.65 – First short-term target.
2️⃣ ₹63 – Second target for a larger swing move.
📉 Stop-Loss Strategy:
Place stop-loss near ₹42, below key liquidity zones.
Adjust stop-loss as per risk appetite.
💡 Risk-Reward Calculation:
Entry (₹52.15 - ₹50)
Stop-Loss (₹42)
Target 1 (₹58.65) → Risk-Reward Ratio ~ 2:1
Target 2 (₹63) → Risk-Reward Ratio ~ 3:1
3. Confirmation & Execution Plan
✅ Scenario 1 (Confirmation after ₹52.15 Breakout) – If price stabilizes above ₹52.15 with strong momentum, an early entry can be considered.
✅ Scenario 2 (No Confirmation) – If price continues to decline, wait for accumulation between ₹50 – ₹46.
✅ Scenario 3 (Liquidity Grab at ₹42) – If price taps this zone and rebounds strongly, it may signal a major reversal.
Final Thoughts & Risk Management
🔹 IDFC First Bank is in a critical zone, where institutional buying could occur.
🔹 Patience is key – Wait for confirmation before entering aggressively.
🔹 Manage risk with a strict stop-loss – Avoid emotional trading.
💡 Will IDFC First Bank hold key support levels and push higher, or is a deeper liquidity grab needed before reversal? Let’s analyze further! 🚀📊
IDFCFIRSTBNSE:IDFCFIRSTB Long for short term trade
Only technical view and that's also for very short term.
Reversal seems good enough to execute trade at mentioned price.
Volume is being supportive for up move.
Disclaimer: My ideas are not for recommendation purpose. Just sharing ideas with community.
IDFC FITST BANK : Rebound from the support level IDFC FITST BANK : Rebound from the support level of 52 ish .
Sitting near the recent resistance.
Major resistance level to test is at 65 .
Still under 200 SMA
MACD went above 0 which is a positive sign.
The pull back from the support level of 52 shows the interests of buyers.
A few green candles closing above 200 SMA and staying afloat above 200 SMA will be crucial in coming days.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
IDFC First Bank : A huge milestone since July 2024IDFC First Bank : A huge milestone since July 2024 ,moving to a buy trajectory ,moving up above a Supertrend first time Since July 2024 and if it manages to close at the level at the end of the day today..
MACD also is progressing well
Resistance bands are clearly visible on the chart.
Still under 200 SMA which will be another milestone when it crosses that.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
IDFC FIRST BANK ACCUMULATION STARTS FROM RS 50 IDFC FIRST Bank is a leading private sector bank in India, established in 2018 through the merger of IDFC Bank and Capital First. Headquartered in Mumbai, the bank focuses on retail banking, corporate banking, and digital banking services. It offers a wide range of financial products, including savings accounts, loans, credit cards, and investment solutions. With a strong emphasis on customer-centric services, technology-driven solutions, and financial inclusion, IDFC FIRST Bank has expanded its presence across the country. The bank is known for its competitive interest rates, transparent banking practices, and commitment to social responsibility. Through innovative digital banking initiatives, IDFC FIRST Bank continues to enhance the banking experience for individuals and businesses alike.
Downtrend Turn Into Uptrend In IDFC First Bank 1. **IDFC FIRST Bank** was formed in 2018 after the merger of IDFC Bank and Capital First.
2. It is a private sector bank in India, offering retail and corporate banking services.
3. The bank focuses on customer-centric products, including high-interest savings accounts and digital banking solutions.
4. IDFC FIRST Bank is known for its strong financial inclusion initiatives and support for small businesses.
5. Headquartered in Mumbai, the bank continues to expand its reach across India with innovative banking solutions.
IDFC FIRST BANK Bullish VIEWIDFC FIRST Bank is a private sector bank in India, formed in 2018 after the merger of IDFC Bank and Capital First. Headquartered in Mumbai, the bank focuses on retail banking, corporate banking, and digital financial services. It offers high-interest savings accounts, innovative credit cards, and easy-access loans to customers. The bank emphasizes financial inclusion by providing loans to small businesses and underserved segments. With a strong digital presence and customer-centric approach, IDFC FIRST Bank aims to revolutionize banking in India.
IDFC FIRST Bank : Important milestone may come soon IDFC FIRST Bank: After a long wait , it appears that the time has come for IDFC First Bank to reach a significant milestone. IDFC First Bank may close above the Supertrend and enter a "Buy territory" if it continues the momentum.
MACD is strong and moving towards the 0 .
Another important milestone to consider would be a green candle closing above 200 SMA .
We also may want to pay attention to the different resistance levels shown on the chart once after the buy has triggered.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)