IDFC First Bank – 1D

Trend: Strong short-term uptrend with higher highs & higher lows. Price is consolidating just below a key breakout zone after a sharp rally. Support & Resistance: Support: 78 – 79 (SR Flip Zone), then 74.6 Resistance: 87 – 88 (Fresh Breakout Level) Expected Move: If price sustains above the 78–79 zone, continuation toward the breakout area remains valid. A decisive move above 87 can trigger fresh momentum. Short Fundamentals Summary: IDFC First Bank continues to improve asset quality, retail loan mix, and profitability metrics. CASA improvement and declining NPAs strengthen long-term outlook. Final Verdict: Bullish structure intact. Healthy consolidation below breakout — trend remains positive as long as SR flip holds.