LKP Spade, Weekly Pick - Buy IDFC First Bank Ltd For Target Rs. 61 - LKP Securities
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/05/a63a70a9497fc9c84a37548dbe6358e8.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
* Stock has given inverted head and shoulder pattern breakout on four hour chart which consider to be a good reversal pattern by nature.
* Decent volume activity has been witnessed on at the time of breakouts.
* Both momentum indicator RSI & MACD are ranging in positive territory
Buy IDFC First Bank LTD @ 57.7-58 TGT 61 Stop Loss Below Rs. 55 CB Duration 1 Week
To Read Complete Report & Disclaimer Click Here
For More LKP Securities Ltd Disclaimer http://www.lkpsec.com/
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Shivam Thakral, CEO of BuyUcoin.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Tesla117117.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dilip Chenoy, Chairman, Bharat Web3 Association.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/National Health Mission.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Vikas Gupta, OmniScience.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/202407243192131.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Bullion Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Bullion Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Cotton Report.jpg)