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IDFC FIRST BANK – Stock Analysis

Posted on May 21, 2023May 21, 2023 By techstock 1 Comment on IDFC FIRST BANK – Stock Analysis

IDFC FIRST BANK was established in 2105. It is now moving near its all time high and I believe it will cross it soon on the basis of my analysis. In this blog, I will discuss my analysis.

IDFC FIRST BANK is increasing its reach to local localities in India. The office infrastructure of this bank is far better than any other bank. The minimum balance for opening the account is this bank is 25000, which ensures that person opening account in this bank is having a good source of income, which leads to investment security for this bank.

Now I am sharing my analysis for this stock.

As we can see that there is gap in the chart, so for for sure the graph will come back to fill this gap and that can be a good time for investment.

We can also see the blue lines as drawn this was my previous analysis and when the stock crosses the blue line i buy and make profit.

If you want me to do analysis for the stock of your choice then please comment.

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