IDFC was facing stiff resistance at levels of Rs168-170 during last one month. Recently, the stock broke this crucial resistance level and closed above it with good volumes. Further it also closed above its 100-day DMA. It  is expected that the stock will rally in the medium term and traders can buy the stock in the range of Rs 170-173 for a target of Rs185. A stop loss of Rs 166 can be maintained. (Source : IIFL).

 (Source: Yahoo)