Long

IDFC Ltd_Buy_Support_only_Sell_Resistance_only

No Debt, CAGR > 30 for last 5 yrs, PE<Sector PE (17<24.5), RoCE/RoE > 8, PEG ratio < 1
OPM > 65%

Whoever accumulated IDFC First bank already or whoever wanted to buy fresh, its TIME.
If you buy IDFC. An IDFC shareholder will get 155 shares for every 100 shares due to merger.
If any one missed already, now may within record date.

Remember, the value and growth of IDFC First bank is comparable to HDFC Bank Ltd, so beware.
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