1) All time high @ 100.85 2) Range 93.55 to 96 seems to be strong selling zone with small support(acting resistance) range 86.65 to 87.95 3) Strong resistance range 81.42 to 82.55 since all time high in 2016 and breaks the level in 2023 4) Hammer of 4.5% forms in weekly frame taking long position with target of +3 points in coming week Expectation : - If target of...
breakout has been done in idfc bank now flag pattern making The flag pattern occurs when a trending price pauses and goes back over slightly in a rectangular range. This pattern allows us to enter the market in the middle of a trend. The break out in price continues its original strong trend, giving us the chance to enter that trend at a better price than...
IDFC First Bank is in the great position for long. If it close over the trendline in daily basis it would easily give us a target of 120 with minimal risk.
Price is continuously falling, facing the resistance from the trendline as well. A drop is detected in the stock from 90 levels, now price is in consolidation, we have a drop base drop indicating a potential bearishness in this stock. Indicating a support at 75-72 levels zone. back to back demand zones is lies below this support levels, keep in long side...
IDFCFIRSTB Chart Analysis 27/02/2024 Long : 74 (75%) / 64 (25%) Sl : On closing at 60 level down Target : 100 / 145 Enjoy ! Note : You can see these trades to double your long-term investment profits according to the Elliott Wave and chart patterns.
IDFC First Bank is near its all time high and has show some strength when compared to other banking stocks. That said, it is at a crucial zone, and may go sideways or retrace a bit before breaking out of the ATH zone. But once it does, chances are it will gain strong momentum and keep going for some time as there is no obvious resistance zone! That is, it is...
Last time to enter in this strong fundamental stock As you can see falling wedge pattern is created Stock has given multi year breakout and is in the retest zone The stock is been accumulating for last 3 months in the support zone Smart money are accumulating this stock For a long time Sl 70 target 120 150 200 Falling wedge is a bullish pattern Study this...
As a seasoned stock market wizard and dedicated blogger, I present an intriguing technical analysis of IDFC FIRST Bank (IDFCFIRSTB), a financial institution known for its robust performance and strategic growth. In our current discussion, we will delve into the recent price action and potential entry points for investors seeking to capitalize on this promising...
idfc first bank elliot wave analysis weekly chart current time 4th wave complete and start 5 th wave
Idfc first bank elliot wave analysis . this stock complete daily time wave A,b or C . target all time high
Taking a short position on IDFC Bank, with a stop loss at 81.65 and a take profit level set at 72.55, reflects a carefully planned trading strategy based on technical analysis and risk management. The decision to initiate a short position implies a bearish outlook on the stock. Traders employing this strategy anticipate a decline in the stock price and aim to...
Target Mentioned in chart - Stoploss @ 68 Fundamentals Market Cap ₹ 58,644 Cr. Current Price ₹ 83.0 52W High / Low ₹ 101 / 52.1 Stock P/E 19.4 Book Value ₹ 39.1 Dividend Yield 0.00 % ROCE 6.59 % ROE 10.6 % Face Value ₹ 10.0 Promoter holding 37.4 % EPS last year ₹ 3.75 EPS latest quarter ₹ 1.04 Debt ₹ 2,01,682 Cr. Pledged percentage 0.00 % Net...
3-2-2024 Buy IDFC First Bank above 94.90 for the Target of 133.85 & 211.70 SL 65 Strategy : Breakout & Retest + EMA above 20 & 50 Duration few Weeks
Put this Bank's Swing Trade in your Watchlist Guys! It's Price has a Significant potential to Hit Century again ;)
Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels...
good to buy for long term. make positions and add dips. only positional play
As per technical analysis and chart pattern, this stock is ready for a ride to the moon. All points are mentioned on the chart and you can plan your buy entry here. Do your own research before entering into buy trade as I am not suggesting you to buy this stock and this is my personal analysis and opinion. I am not SEBI fregistered Thanks for your support as always
IDFC First Bank (1D) CMP 82.85 Created a Flag & Pole Pattern Trying to give breakout of it Breakout awaited