IDFC Limited-Out of a Total OI of roughly 12 Crore shares, 7.90 crore shares got rolled into the August 25 Futures. A huge rollover of 65 per cent at Rs 55 average. The CMP in Cash Rs 55 and Futures Rs 55.25. With IDFC Bank rising to Rs 52 and sustaining, some deft moves could take stock above Rs 60 and IDFC above Rs 65 in the August futures. Let us see how it goes, with a stop loss of Rs 53 on IDFC.
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