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Stock of the day : IDFC First Bank Ltd. For Target Rs. 88 - Religare Broking Ltd
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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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SEBI Registration number is INZ000174330
