IDFC bank buy setupWe can see volume divergence in IDFC bank. buy with a Sl of 62 and TP1=72 TP2=77.
IDFC
IDFCFIRSTBANK_06.10.2024Last movement of IDFCFIRSTBANK with such pattern formation was from 40 rs to 100 rs.
Now stock is at 70 with similar pattern and similar retracement. I think this could be groundbreaking with positive new like amalgamation of IDFC FIRST BANK and IDFC LTD.
If all works out could my targets are 118.
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.
IDFC-Bullish swing- Will history repeats?
02.09.2024
Buy- Above 115
Target- 119.5
Stop Loss-109.5
Risk Reward- 1:1
1.Breakout-Inside bar breakout
2.Trend- After very good uptrend price is under
downward range channel with frequent LH & LL formations.
3. key level- Price has bounced from horizontal support zone by
formation of triple bottom and
also from channel support level.
4.Volume- Good increasing volumes with above average level
5. EMA- W Patter breakout expected in narrow
view and Bullish flag in broad view(Different time frame)
6. Fair value gap rejection and price crossed 50% level in channel.
IDFC First 4H ProjectionIDFC First 4H Projection
Market is Bullish and also breakout trendline so, if nearest resistance break then buy for long term.
#ID/USDT#ID
The price is moving in a downward channel trend on the 12-hour frame and sticking to it well
After bouncing from a major support area in green at the 0.560 level, which is a very strong area
We have an upward trend to touch the Moving Average 100 at the third target
We have a downtrend on the RSI that is about to break higher
Entry price is 0.630
First goal: 0.710
The second goal is 0.840
The third goal is 0.970
#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
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 PUT OptionEven if IDFC is going to touch the upper line of current trend, It still is going to get to the middle line of current trend before any bullish or bearish movement takes place.
Positional view on #IDFCMy positional view on IDFC LTD
NSE:IDFC
After a long bull run, IDFC can correct up to 61.50 and 57.10. This could be best level to go for long again.
My target will be level of 77.70
Stop loss will be 52
Note: This is my personal analysis, only for learners.
Look IDFC on Monthly TimeframeNSE:IDFC is going to touch upper trendline . This is just to keep on the watchlist as the stock did not broke or even retest.
Hence will update based on stock movement.
Idfc ShortTechnical chart study......................................................................................................
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 Breakout The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
IDFC BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Buy IDFC @ 64 sl 59 target 83stock is ready to breakout from current zone . long bullish candle and also retracement. as per point and figure chart pattern this pattern is ARF pattern .
NZD/JPY Short. IDFShort on NZD/JPY due to inside Daily failure candle formed at resistance level. Waiting for retrace.
IDFC Bank Daily Chart Triangle Breakout 11 Dec 2021IDFC Bank Daily Chart Triangle Breakout. Watch out for Restest. 11 Dec 2021
IDFC a long term Trend Reversal aheadSince IDFC's inception we can see that it has a downward sloping trendline which it has respected multiple times now this year 2021 we can see that it has violated that so if it sustains this time above the trendline or even get a rejection after trying to falling back we can see a well upside move!
so fasten your seatbelts and watch the trend!
