Stock of the day : BUY IDFC First Bank Ltd For Target Rs.95- Religare Broking
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IDFC First Bank Ltd
* IDFC First Bank has been in a steady uptrend for over one and a half years.
* It has witnessed a breakout from brief consolidation while holding above its short term moving average on the weekly chart.
* The price action and the uptick in volumes suggest the resumption of the prevailing uptrend.
* We thus recommend creating fresh longs in the mentioned zone.
Buy IDFC First Bank Ltd CMP 89.25; Range* 89-90 ; SL 86; Target 95
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SEBI Registration number is INZ000174330
