Overall Technical outlook

Price Summary

With a -2.39% tumble, IDFC First Bank Limited enjoyed a lousy day in the stock market.
IDFC First Bank Limited's stock started the year at 67.7, climbed to a high of 68.0, fell to 65.7, and closed -2.39% lower at 66.08, with 47554802 shares traded on 2025-04-25.
For the 52-week period, the stock's highest price is 84.8, and the lowest price is 52.89.
The expected price range is between 48.0 and 85.0, with a mean anticipated price of 66.36842, according to 19 analysts.

Technicals

Support and Resistance: The current price is 66.08, with support at 63.41 and resistance at 67.13. This range suggests that the price might move between these levels, with 63.41 offering support and 67.13 capping further gains for IDFC First Bank Limited.
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Support/Resistance for IDFCFIRSTB


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for IDFC First Bank Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for IDFC First Bank Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Bolinger Bands chart for IDFC First Bank Limited


Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for IDFCFIRSTB. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for IDFC First Bank Limited


Stochastic: The K-line has fallen below the D-line on the stochastic indicator, yet it remains above 80, signaling the possible start of a bearish price move for IDFCFIRSTB. This suggests that the market's upward momentum is losing strength, which could lead to a decline. Investors should be mindful of this potential shift.
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Stochastic chart for IDFC First Bank Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Tripple SMA chart for IDFC First Bank Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.