IDFC FIRST BANK : Monthly Breakout

23 ส.ค. 2022

In monthly chart, falling wedge breakout and further analysed in multiple time frame and parameter as mentioned below:



Parallel Channel: 2D: The movement of price was downward channel, with defined resistance (red arrow) and support (green arrow). The stock breakout from its range and subsequent buy observed.



EMA, Volume and Bullish Candle: 1D: The crossover of EMA 20 & EMA 50 with significate rise in volume was the entry point and second entry was at bullish engulfing candle.

Disclaimer : The chart analysed for educational purpose only.

Thanks
-AJ

24 เม.ย. 2023

บันทึก

Breakout with bullish candle and solid volume.

Price above all key moving average.



Thanks
-AJ

9 พ.ค. 2023

บันทึก

support & resistance

12 พ.ค. 2023

บันทึก

resistance breakout

25 พ.ค. 2023

บันทึก

Volume Breakout !!

11 ก.ค. 2023

บันทึก

stop loss Rs 78.40