Symmetrical Triangle IDFC first has formed triangle pattern, breaking above supply zone expected to reach the given target with below demand level as stop loss level
Let's see
'Happy Investing!.
Idfcfirstbank
IDFC First Bank - Price Action AnalysisThe trend started from jun 2022 still continuing with the bullish price action in Weekly TF.
Although Its visible that price soon enters into supply zone and also generated Bearish Cypher Harmonic Pattern with level of .786 at price 60.70.
Levels are already mentioned in to the chart.
Any rejection on upper side leads price to 50- 52.
so do accordingly.
If you have other opinion, please share your comment below and like & follow for upcoming great analysis.
Safe Trading ;)
IDFC FIRST BANK : Long tradeBreakout at 200ema seems nice to enter at next pullback(if any)
Details in the chat.
Note: This is for educational purpose.
IDFCFIRSTB Very-Very Bullish above 38IDFCFIRSTB very bullish above 38. Getting ready for 44-50 in short term.
Follow for more views and for equity trading with a trend.
IDFC FIRST Bank Technical IDFC First Bank
Now Trade @ 38.50 support Price
If break out below this level it will come
Around @ 33 (Next Support)
IDFC Bank The trend shows there will a correction before it moves forward. Before any big move there will be testing in the form of Doji candle which is marked as star. If note the first star in starting of 2021 the volume of shares is less than the moving average line. But the 2nd one which has recently formed have high volume i.e. volume above moving average. There will be another testing which will be given by big players before taking it further.
Please check with your SEBI registered broker before taking positions.
IDFCFIRSTB - strong volume to upside Increase in volumes on daily basis
Above 54 - we should see 62 - 72 range in quick time.
Today Price moved to above supply zone with good volumes.
Add to watchlist -- trade as per your own study/research.
IDFC BANK 1:3 Risk REWARD (High Probability Trade)Hello traders, There's no off day for traders these days are just an opportunity to find good high probability trades that can bestow some green profits upon us when the market opens.
So I have found or rather someone found IDFCFIRSTB for a good Risk reward ratio trade and I analysed the same and found it pretty good. A ratio of 1:3 is more than good.
So IDFCFIRSTB broke its triangle pattern and also have retested it and now taking support near CMP, it has shown tremendous upsides in the past whenever it gave a breakout so I am expecting the same this time again.
Buy near:- 50 - 51
Targets mentioned above in the chart with more details and all the info required for the trade.
It looks good for Options & Futures also.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
IDFC First BankIDFC First Bank
Black Line -Above 50 Days moving Average
Target - 51.3
Support - 46.05
Happy trading
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#IDFCFIRSTBANK BreakoutIDFC First Bank ready for Strong Move keep eye and ready to Buy for Big Move.
IDFC first bank Today and its break out for idfc first bank so keep an eye on the same to book profit.
Support at 47.30
stop loss 46.85
IDFC longIDFC bank seems bulish after support
1. Breakout from falling wedge
2. RSI Positive divergions
3. trending on important support level
IDFCBANK is on main trend supportIDFCBANK is on main trend supportline once retrace can think about long
IDFC bank can give breakout from 4hr time frame triangleIDFC bank can give breakout from 4hr time frame triangle
idfcfirstbankbuy when cross the level of blue line (Resistance) and close above 62 for target of rs 70+++
IDFC FIRST BANK: Rocket is ready to take offSL- 49
#CLEANANDCLEARCHARTS
Wait for it to come back to demand zone (Yellow) and start buying from there, can give good return as banknifty have the potential to give a rally.
Shoot up your queries in comment section.
IDFC FIRST BANK ::: BULLISHDATE: 11 MAY 2021
INSTRUMENT: IDFC FIRST BANK
TREND: BUY
TIME FRAME: DAY
CMP: 56.25
BUY ABOVE: 56.50
STOP LOSS: 54
TGT 01: 59
TGT 02: 62
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
IDFC first bank ( Time to Rise)Idfc first bank gave a beautiful long breakout on 23 april and consolidating after that in a range, We can initiate buy at 53.80 or above 55.55 for a good target
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