06-02-2021 11:50 AM | Source: HDFC Securities Ltd
Momentum Pick Buy IFB Industries Ltd For Target Rs. 1180 - HDFC Securities
News By Tags | #2034 #3086 #3050

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

Momentum Pick Buy IFB Industries Ltd For Target Rs. 1180 HDFC Securities 

TECHNICAL OBSERVATIONS

* Stock price has broken out on the Daily chart with higher volumes.

* Oscillators like MFI & RSI is showing strength in the current uptrend of the stock

* Short term trend of the stock has turned positive where stock price closed above its 5- and 20-day SMA.

* Primary trend of stock is positive where stock is trading above its 200 day SMA

Buy IFB Industries Ltd Up to 10 Days  @ Add on dips 1065 CMP 1100 TGT 1180 SL 1050

 

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795

SEBI Registration number is INZ000171337

 

Above views are of the author and not of the website kindly read disclaimer