IFCI Update

IFCI -  Came back behind the trendline, likely case of false breakout

People holding IFCI can keep a tight stop loss of 40 on closing basis

IFCI - Positional

IFCI (FV - 10/-, Dividend - 10%)

Breakout happened last Friday, one can buy around 42.50 for 46.25 as first stop / target and then 48

Expecting a good movement in this counter this week (IDBI and IFCI are old financial counters of market)