Published on 11/01/2018 1:09:22 PM | Source: Religare Securities Ltd

Buy Federal Bank For Target Rs.118.00 - Religare Sec

Posted in | #Federal Bank Ltd #Banking Sector #Trading Report #Religare Securities Ltd


The Federal Bank Limited

Post breakout from its consolidation phase, FEDERALBNK has retraced marginal and reached closer to its support zone of short and medium term moving averages on daily chart. We advise not to miss this opportunity and accumulate fresh long in the mentioned range.

Recommendation

Buy The Federal Bank @ 110-112 Stoploss 108 Target 118 CMP 113.15

 

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