"IDFC First Bank: A Potential Swing Trade Setup – Key Levels to

17 Mac

IDFC First Bank: Swing Trade Setup – Key Levels & Entry Strategy
Market Overview:
IDFC First Bank has recently pulled back after making an all-time high and is now testing a critical support zone on the monthly timeframe. This presents a potential swing trade opportunity, provided we see confirmation at key levels.

Today's low is ₹52.60, and a break below ₹52.15 could signal further downside before a strong reversal. This trade setup focuses on taking advantage of liquidity grabs and price structure shifts.

Step-by-Step Trade Plan
1. Key Price Levels & Structure Analysis
📌 Current Price Action: Market tested previous lows and showed signs of stabilizing.
📌 Breakdown Level: If ₹52.15 is breached, it could trigger further downside liquidity grab.
📌 Potential Entry Zones:

Early Entry: Above ₹52.15, but only after confirmation of reversal signals.
Safer Entry: If no confirmation appears, wait for a dip between ₹50 – ₹46.
Liquidity Tap Zone: ₹42, where stop losses of many traders may be triggered before a potential upside move.
2. Profit Targets & Risk-Reward Ratio
📈 Profit Targets:
1️⃣ ₹58.65 – First short-term target.
2️⃣ ₹63 – Second target for a larger swing move.

📉 Stop-Loss Strategy:

Place stop-loss near ₹42, below key liquidity zones.
Adjust stop-loss as per risk appetite.
💡 Risk-Reward Calculation:

Entry (₹52.15 - ₹50)
Stop-Loss (₹42)
Target 1 (₹58.65) → Risk-Reward Ratio ~ 2:1
Target 2 (₹63) → Risk-Reward Ratio ~ 3:1
3. Confirmation & Execution Plan
✅ Scenario 1 (Confirmation after ₹52.15 Breakout) – If price stabilizes above ₹52.15 with strong momentum, an early entry can be considered.
✅ Scenario 2 (No Confirmation) – If price continues to decline, wait for accumulation between ₹50 – ₹46.
✅ Scenario 3 (Liquidity Grab at ₹42) – If price taps this zone and rebounds strongly, it may signal a major reversal.

Final Thoughts & Risk Management
🔹 IDFC First Bank is in a critical zone, where institutional buying could occur.
🔹 Patience is key – Wait for confirmation before entering aggressively.
🔹 Manage risk with a strict stop-loss – Avoid emotional trading.

💡 Will IDFC First Bank hold key support levels and push higher, or is a deeper liquidity grab needed before reversal? Let’s analyze further! 🚀📊https://www.tradingview.com/x/YWz03Rvs/

16 Apr

Dagangan ditutup: sasaran tercapai

🚨 IDFC First Bank – Trade Update | 🎯 Target 1 &2 Achieved!
✅ IDFC First Bank – Trade Plan Played Out Perfectly
🎯 Trade Skipped, Targets Hit – Proof That Analysis Matters

📍 Initial Trade Plan Recap:
We shared a detailed analysis with a well-defined entry zone and clear targets based on price action, structure shift, and POI logic.

🔹 Planned Entry: ₹52.15 – ₹50
🔹 Stop-Loss: ₹42
🔹 Target 1: ₹58.65
🔹 Target 2: ₹63

📉 What Actually Happened:
🟡 Market Low: ₹52.46

🚫 Our Entry Missed by Just ₹0.31

📈 Today’s High: ₹63.48
Without Entry

🔍 Why This Still Matters:
Although we didn’t enter due to strict discipline on entry zone, this move validates our technical outlook and precision:

✅ Accurate POI identification
✅ Structure & sweep followed
✅ Price respected the projected move with ~21.6% upside

💡 Learning Point:
"Letting go of a trade is sometimes the best decision."
We don’t chase — we follow structure and probability. Entry discipline is key in long-term success.

🔮 What Next?
If already holding from other zones, consider partial booking

Wait for fresh structure or retracement before re-engaging

Levels to watch: ₹63.50+ breakout may open higher zones

📢 Don’t Miss Out!
✅ Follow me for precise, structured trade setups
👍 Drop a like if you respect disciplined trading
💬 Let’s talk in the comments — were you in this move?

See you there 🚀📊