Buy IL&FS Transport for target of Rs 380:Religare

MUMBAI: Birendrakumar Singh, technical analyst, Religare Securities is of the view that IL&FS Transport has given a strong break out of a “Running Triangle” pattern. He has advised traders to buy the stock for target of Rs 380.

“IL&FS Transport has given a strong break out of a “Running Triangle” pattern. The volume is comparatively higher. Maintain a stoploss of Rs 350 for long position for target of Rs 380.

Note: Call valid for 4-5 trading sessions.