Home First Trade Watch: How Repo Moves Shape the Stock
Borrowing cost goes down for Home First.
It can offer lower interest rates on loans.
This boosts demand for housing loans, especially in the affordable segment.
Lower EMIs - better repayments - asset quality improves.
NIM can expand if lending rates remain stable and cost of funds drops.
Stock generally sees a positive move
Stock is Reacting From 10 & 20 EMA which is there Short Term Moving Average Technically Looks Good.
Keep HOMEFIRST in the Priority List
#TechnicalViews#WatchOutFor#EquityResearch

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