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Technicals for IDFC First Bank Limited
By MusingTheNews
2025-08-15 20:38
Overall Technical outlook
Price Summary
IDFC First Bank Limited's stock began trading at 69.9 on 2025-08-14, soared to 70.0, dipped to 68.56, and finished the day -1.62% down at 68.77, with 12410394 shares exchanged. Over the course of 52 weeks, the stock peaked at 77.88 and hit a low of 52.89. The anticipated price is forecasted to be between 55.0 and 85.0, with an average price expectation of 75.16667, based on input from 18 analysts.
Technicals
Support and Resistance: The price for IDFCFIRSTB at 68.77 finds support at 68.45 and resistance at 70.44. This suggests a trading range, where 68.45 serves as a support level and 70.44 acts as a resistance point, potentially capping further gains. Support/Resistance for IDFCFIRSTB
Aroon: The current state of the AROON is neutral for IDFCFIRSTB, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for IDFC First Bank Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for IDFC First Bank Limited
Parabolic SAR: The PSAR for IDFCFIRSTB maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for IDFC First Bank Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for IDFC First Bank Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for IDFCFIRSTB, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for IDFC First Bank Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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