IDFC FIRST BANK Analysis

STOCK MARKETS 1 Minute

The Stock in the Trade Watch Today is A private sector BANK, IDFC FIRST BANK. Overall a strong setup but a weekness in near term visible below a daily close of 55 on cash. Till the levels of 44 and 37 in medium term. Make no mistake it’s a medium term view. For long term it’s a must buy stock in the range of 37 to 44 with the SL of 30 and the Targets of 80 and 125 according to Harmonic Channel and Gann Waves respectively.

According to TIME this particular week is an Important week. At current market price it is far from any Natural Price and Time Squaring. Since the high of 69.3 made on 4th march 2021 prices had a decent correction. Past 2 weeks had just made this top more significant. Keep the following things in mind before taking fresh Positions. And of course a standard disclaimer applies as always.

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Published by SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

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