LKP Spade, Weekly Pick - Buy IDFC First Bank Ltd For Target Rs. 61 - LKP Securities
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* 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
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