IDFC is on the verge of a breakout, tomorrow is the result too... Keep this on your radar, movement is expected on either side.
Just buy Idfc..No stop...if u want a stop then its price closing below breakout line...
IDFC completed big degree wave 1 and getting ready for big wave 2 correction.DISCLAIMER;this is my view if price patterns change,i will also change my view
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.
There Are Three Type of Flat Correction 1. Regular Flat 2. Irregular / Expanded Flat 3. Running Flat We observe or discuss here two Types of Flats A) Irregular / Expended Flat B) Running Flat Rules and Guidelines of Flat Corrections * Corrective A Waves labeled as ABC * ...
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 has broke out almost six week long cup & handle pattern. RSI upward & a positive MACD crossover. This post is for the educational purpose only, please check with the certified SEBI Registered professional before taking any investment decision.
stock 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 .
Trend lines drawn Take profit stop loss mentioned in chart
NSE:IDFC is at the key support level formed by fibonacci cluster. It is also at the PRZ level of Bullish Gartley Harmonic PRZ pattern. Volume Zone Oscilator is also in the oversold zone. It might do a bullish reversal from here. Gartley PRZ pattern requires below criteria: XAB - 0.618 AC - 0.383-0.886 BD - 1.272-1.618 XD - 0.786
Monthly closed above trend line... positional entry for long term
Since 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!
Inverted Head and Shoulder pattern and about break the channel pattern on the upside with nice volume bars. Will see new heights soon.
we can see inverse head and shoulder chart pattern in idfc we can go for a long trade if it gives a closing above 60.25, target can be 72
Making falling wedge have to wait for breakout from it Given breakout from horizontal resistance Positive divergence in RSI higher time frame
BUY 45-55 Target 70,95,120 SL 40 POST YOUR QUERY IN COMMENT SECTION
IDFC HAS TAKEN SUPPORT WITH HEAD & SHOULDER PATTERN BREAKOUT. COULD SOON BREAKOUT FROM THE RANGE.