2024-06-20 11:01:37 am | Source: Religare Broking Ltd
Stock of the day : IDFC First Bank Ltd. For Target Rs. 88 - Religare Broking Ltd
IDFC First Bank Ltd
* Banking stocks has been witnessing decent traction and technically, IDFCFIRSTB has witnessed a fresh breakout.
* it has recorded a breakout from the descending channel pattern with strong volumes highlights an exhaustion in the downtrend.
* Following price pattern and volume activity we sense stock to attract fresh upward momentum hereon.
* Traders can consider fresh longs in the mentioned range.
BUY IDFC First Bank Ltd. CMP 82.17 Range 82-83 SL 80 Target 88
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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