Short Terms Push Ups - IFCI
Ali On Content / 11 May 2009
IFCI is the leading and the oldest NBFC in India. The counter is expected to attract investor’s interest in the coming period. Thus investors looking to park their money for six month to one year can take exposure to this counter.
IFCI
BSE: 500106
CMP: 26.60
Volume: 17415423
IFCI is the leading and the oldest NBFC in India. Technically, the counter saw huge volatile in the last few trading sessions and attracted huge increase in the deliverable volumes on both the bourses. A leading derivative strategist suggests that the counter has witnessed a long build-up that might push up the market price in the short to medium-term with a price target of Rs 30. While as per few brokerage as well as media houses, the counter is expected to attract investor’s interest in the coming period. Thus investors looking to park their money for six month to one year can take exposure to this counter.
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