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Umang Bhutada

7th Dec · SEBI-Registered Analyst

IDFCFIRSTB

IDFC FIRST BANK (D) — Techno-Funda Summary

IDFCFIRSTB
🔹 Technical View Recent breakout over 83 failed to sustain → mild pullback. Price respecting SR Flip Zone (76–79) – strong base building area. Structure remains positive unless below 74.65. Sideways consolidation indicates strong accumulation. 🔹 Key Levels Support: SR Flip 76–79 Major Support: 74.65 Resistance: 83 (Breakout level) 🔹 Fundamental View (Summary) Bank improving CASA, retail loan share, and profit sustainability. Strong digital growth + healthy credit demand. Long-term fundamentals improving YoY. 🔹 Verdict Positive bias. Sustaining above 79 can re-attract momentum buyers toward 83+.

#TechnicalViews#FundamentalViews
IDFCFIRSTB (D) .png
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