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IDFC First Bank: Red Flag Level Hit

Authored By Prime Research | Last Modified: Mar 30, 2026 06:02 PM IST

IDFC First Bank_ Red Flag Level Hit

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In our Diwali Pick report dated Oct 14, 2025, on IDFC First Bank, we had recommended to buy in the band of Rs 73-75 and add on dips to Rs 65 level for target of Rs 88.5 over the next 4 quarters, with red flag level of Rs 59.
Today, it touched an intraday low of Rs 58.67, thereby hitting our red flag level. Now, the call is closed, and ‘No View’ from here on.
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