The short-term outlook is bullish for IDFC First Bank. The stock has surged about 8 per cent last week. This indicates that the upmove is gaining momentum. Friday’s rise has taken the share price well above an intermediate resistance level of ₹73. This level of ₹73 will now act as an immediate support. Below that, ₹71 is the next strong support. IDFC First Bank share price has potential to target ₹80 on the upside in the coming weeks.
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Traders can buy IDFC First Bank shares now at ₹74.40. Accumulate on dips at ₹73 and ₹72. Keep the stop-loss at ₹69.50 initially. Trail the stop-loss up to ₹76 as soon as the stock goes up to ₹77. Revise the stop-loss further up to ₹78 when the price touches ₹79. Exit the stock at ₹80.
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
Published on October 13, 2025
