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Technicals for IDFC First Bank Limited
By MusingTheNews
2025-09-05 20:32
Overall Technical outlook
Price Summary
IDFC First Bank Limited's stock, on 2025-09-05 opened at 72.54, climbed to a high of 73.24, dropped to a low of 72.1, and closed up 0.08% at 72.6, with 22695974 shares traded. The highest price the stock achieved in the past 52 weeks is 77.88, while the lowest price it saw is 52.89. Analysts expect the price of IDFCFIRSTB to vary between 55.0 and 85.0, with an average expected price near 75.16667.
Technicals
Support and Resistance: The current price of 72.6 is supported at 72.31, with resistance at 74.27. This suggests that the price for IDFCFIRSTB might remain between these levels, where 72.31 acts as a floor and 74.27 as a ceiling in the market. Support/Resistance for IDFCFIRSTB
Aroon: Aroon's bullish trend remains intact, with Aroon Up at the 100 level. This indicates strong market momentum, but a more comprehensive analysis using other indicators is required to assess the trend's strength and potential for continuation. Aroon chart for IDFC First Bank Limited
Bol. Bands: The price is above the upper Bollinger Band and has been since its last rise. This could indicate that IDFCFIRSTB is experiencing strong bullish momentum and may be in an overbought condition. Traders might see this as a sign of continued strength, but they should also be prepared for a potential correction or pullback, as extended periods above the band can precede reversals. Bolinger Bands chart for IDFC First Bank Limited
Parabolic SAR: The PSAR for IDFCFIRSTB continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for IDFC First Bank Limited
Stochastic: The stochastic indicator shows bullish conditions, with the K-line positioned above the D-line and exceeding the 80 level. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors might view this as a favorable sign for continued growth. Stochastic chart for IDFC First Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for IDFC First Bank Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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