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2024

Stock Radar: Contra buy! Should you bet on IDFC First Bank after a 30% fall from highs?

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IDFC First Bank Ltd experienced a 30% decline from its recent peak, signaling bottoming out signs. Experts advised high-risk traders to buy the stock with a target of Rs 96 in 4-6 months. The stock exhibited potential reversal indicators, including a falling wedge and a bullish hammer, hinting at an upcoming uptrend.