IDFCFIRSTB trade ideas
Upside trend {Short Position} near 39.50 if gets support at 35.50 for upcoming weeks
TG1~37
TG2~39
For reversal trend for upcoming days
TG1~36
TG2~35.70
IDFC first Bankbreak out at 35 and 34.5, considering recent better performance of bank nifty. Decrease in IND VIX. considering option chain, shows below 34 rupees is good buying price for short term trader.
IDFC First BankA bullish flag breakout in Weekly TF above 34.7 we can see levels 36,38 & 40 in coming months.
Above mentioned words just a suggestion.
IDFC first bank - uptrend breakout & retestestinglet me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be satisfied.
19) LOOKING BULLISH @BUY - AT - 31.25 , S L - 29.30Long term survival is a more important thing to consider in trading than short term profitability
IDFCFIRSTB - Swing Long PositionStock corrected to 50% level after completing a Bearish AB=CD PATTERN.
Then support taken at fib levels & uptrend channel support line.
Expecting a bullish up movement.
IDFCFIRSTB -right time to enter for a short term move IDFCFI FIRST BANK right time to enter for a short term UP move
IDFCFIRSTBK - Indicating Strong Upside It has been observed in the chart that the price action firstly formed Cup n Handle chart and then consolidated in a range. Then it further break the consolidation with a strong bullish candlestick and now retracing back to the previous resistance zone, making it a support for buyers now. Now, it seems to all set to rally from here on.
T-33, T-36, SL 30
IDFCFIRST BREAKOUTRange breakout, Bullish, accumulate on dips or current level for the target of 33.
IDFC FIRST_LONG*broken 2.5 month long channel
*tested last support & closes positive with good volume
*looks good for target price of 37
IDFCFIRST BANKNSE:IDFCFIRSTB
IT HAS CLEARED OFF THE RESISTANCE OF 29.25 AND IS CLOSED ABOVE THAT
WITH 29.25 AS STOP LOSS IT CAN BE PLAYED FOR 32.50 AND BEYOND THAT 34.50
TRAIL STOP LOSS
******************************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
Swing Trade in IDFC First BankIDFC First bank formed ascending triangle pattern also revers head & shoulder pattern in it....we can look for breakout of both the pattern.
Short term Target 2 wksIt has formed a perfect Inverse Head And Shoulder Pattern. As per the length from the top of the head to Neckline the measured target is 34 in 2 weeks.
as long as it stays above 28.90 (Neckline) which is also your stop loss.
DONT MISS.
IDFC BANK may be POSITIVE on Monday(it is only a assumption, everyone have different view of chart reading.)
Thanks
