Above Rs 65-67, IDFC can test Rs 71-72: Bose

Technical Analyst, Rajat K Bose is of the view that above Rs 65-67, IDFC can test Rs 71-72.

Bose told CNBC-TV18, "IDFC has actually fallen considerably from higher levels and now it is trading around Rs 62. If it were to cross Rs 65-67 range, then you can expect it to move up to something like Rs 71-72 but that is also dependent on the market maintaining its upswing. Otherwise, put a stoploss below Rs 59 and hold on to the long position and book profits around Rs 65-66."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.