Here's why Osho Krishan recommends buying TCS, IDFC First Bank

According to the technical analyst from Anand Rathi, TCS has corrected from its all-time high and is hovering near its 61.80 percent Fibonacci retracement suggesting strong support levels

BUY IDFC FIRST BANK LTD
TARGET: Rs 55
STOP LOSS: Rs 46

IDFCFRSTBNK has been hovering above the cluster of its exponential moving averages on the daily time frame indicating inherent strength in the counter. Also, the stock is on the verge of breakout above the Rs 51-mark and hence has been gaining momentum from the past few trading sessions. The stock has the strong support of an ascending trend line from the bottom suggesting demand at lower levels. From a risk-reward point of view, it is placed at a lucrative zone and is expected to outperform in near