Idfc has moved out of the Flag pattern suggesting continued uptrend. Implication of the said pattern is bullish in the near-term. RSI in positive terrain suggests further scope for upside. We expect, the stock could test INR123.00 in the coming trading sessions.
Buying Range 115-111 SL 108 Tgt 120-125.
On 28th March posted a high of 126.30, thereby achieving target levels.
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