Buy IDBI for the target prices of Rs 108.50/109.50/Higher with a stop loss of Rs 105.5: ICICIDirect

We said, "multiple tops near 17832 and multiple bottoms near 17575 ... Close beyond these two levels may prove crucial. " Index protected the lower range, and surged in late trade to close beyond the upper range. Sensex' 0.7% gain was powered by Metals, Realty, Bank & Auto sectors. A/D ratio remained positive, at 2:1.

ICICI direct.com

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