IDBI Bank has target of Rs 148: DD Sharma

IDBI Bank has target of Rs 148, says DD Sharma, Senior Vice President Research, Anand Rathi.

Sharma told CNBC-TV18, "IDBI Bank is my top pick now because this stock has consolidated very well, just you see near the long term moving averages and medium term moving averages and now it is trying to just breach these levels. Once it crosses Rs 136 level than we think this stock could touch Rs 148, so this is my target for this week for IDBI Bank."