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! 🚀📊https://www.tradingview.com/x/YWz03Rvs/
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! 🚀📊https://www.tradingview.com/x/YWz03Rvs/
Trade closed: target reached
🚨 IDFC First Bank – Trade Update | 🎯 Target 1 &2 Achieved!✅ IDFC First Bank – Trade Plan Played Out Perfectly
🎯 Trade Skipped, Targets Hit – Proof That Analysis Matters
📍 Initial Trade Plan Recap:
We shared a detailed analysis with a well-defined entry zone and clear targets based on price action, structure shift, and POI logic.
🔹 Planned Entry: ₹52.15 – ₹50
🔹 Stop-Loss: ₹42
🔹 Target 1: ₹58.65
🔹 Target 2: ₹63
📉 What Actually Happened:
🟡 Market Low: ₹52.46
🚫 Our Entry Missed by Just ₹0.31
📈 Today’s High: ₹63.48
Without Entry
🔍 Why This Still Matters:
Although we didn’t enter due to strict discipline on entry zone, this move validates our technical outlook and precision:
✅ Accurate POI identification
✅ Structure & sweep followed
✅ Price respected the projected move with ~21.6% upside
💡 Learning Point:
"Letting go of a trade is sometimes the best decision."
We don’t chase — we follow structure and probability. Entry discipline is key in long-term success.
🔮 What Next?
If already holding from other zones, consider partial booking
Wait for fresh structure or retracement before re-engaging
Levels to watch: ₹63.50+ breakout may open higher zones
📢 Don’t Miss Out!
✅ Follow me for precise, structured trade setups
👍 Drop a like if you respect disciplined trading
💬 Let’s talk in the comments — were you in this move?
See you there 🚀📊
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.