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Technicals for IDFC First Bank Limited
By MusingTheNews
2025-07-16 20:38
Overall Technical outlook
Price Summary
On 2025-07-16, IDFC First Bank Limited's stock began at 73.0, peaked at 74.48, declined to 73.0, and ended the day 1.18% up at 73.86, with 18897953 shares traded. The top price for the stock in the last 52 weeks is 77.88, with the bottom price being 52.89. The future price of IDFCFIRSTB is projected to range from 49.0 to 90.0, with an average expected price of 73.11111, according to 18 analysts.
Technicals
Support and Resistance: The price of 73.86 is supported at 72.31 and faces resistance at 74.27. This range suggests key levels for IDFCFIRSTB where the price may stabilize, with 72.31 acting as a support and 74.27 as a cap on gains. Support/Resistance for IDFCFIRSTB
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for IDFC First Bank Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for IDFC First Bank Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for IDFC First Bank Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for IDFC First Bank Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter. Tripple SMA chart for IDFC First Bank Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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