IDFC FIRST BANK | 4HR Idea – 10 Jun 2025 / SWING

📌 IDFC FIRST BANK | 1D Idea – 7 Jun 2025
Bias: Bullish
CMP: ₹71.55

Market Structure
• Strong uptrend after breaking downtrend line; price respects 4H uptrend channel.
• Bullish breakout above recent consolidation; new support at ₹66–67 zone.

Levels
│ R1 ₹76.76 │ R2 ₹81.00
│ S1 ₹66.00 │ S2 ₹60.00

Trade Plan
🟢 Breakout Long → Entry on 1D close > ₹72.00
 Targets ₹76.76 / ₹84.00 │ SL ₹66.50

🔴 Breakdown Short → Entry on 1D close < ₹65.80
 Targets ₹62.00 / ₹60.00 │ SL ₹68.00

Notes
• Fresh momentum breakout above range; aligns with trendline confluence.
• Watch for volume confirmation above ₹72 to sustain rally.

Set alerts at ₹72.00 and ₹65.80; risk ≤ 1 % per trade.

#PriceAction #IDFCFIRSTBANK #1D