IDFC First Bank - Confluence of factors

Markets are a bit soft - so putting on small position makes sense. However there is a huge confluence of factors for IDFC (including MSCI inclusion) - wait for markets to turn and this could be first out of the gate

Watch the video to see key reasons why - please feel free to post comments / diasagreements etc

Comment:

Time to add here

Comment:

You should now be at full size in this position. In terms of targets, we will target the 2nd extension from the 20 day moving average (reference oliver kell work on this) - his book victory in the stock market is excellent. This stock has cleared life highs in a time when theBank Nifty is at 2 months lows - so pretty amazing performance.

Comment:

Continue to hold this - we are still not extended as the stock nears 100