AMAZING opportunity at IDFC First Bank

Idfc first bank currently trading at 77.80 is attractively placed for anyone looking to invest in banking stocks. With economic cycle turning around and interest rate cut right around the corner, one might also look at this as a swing trading opportunity. However there are some downside risks namely 1.Delay in rate cut due to any no. of reasons 2. Unfavourable monsoon 3. Global geopolitical scenario 4. Underperformance of current coalition government