IDFC has target of Rs 121: LKP

IDFC has target of Rs 121, says Rakesh Gandhi of LKP

Gandhi told CNBC-TV18, "IDFC has been consolidating above the Rs 103 levels since last 8 weeks and has seen a break out above that triangle formation of consolidation. I believe that stock could go to higher levels but for today my target for the stock is Rs 121 with a stop loss of Rs 113."