Powered by: Motilal Oswal
2026-04-20 11:30:27 am | Source: Religare Broking Ltd
Stock of the day : Federal Bank Ltd by Target Rs. 313 - Religare Broking Ltd
Stock of the day : Federal Bank Ltd by Target Rs. 313 - Religare Broking Ltd

Federal Bank Ltd

* Federal Bank has exhibited a strong recovery, delivering an upside breakout from a prolonged consolidation phase while sustaining above key moving average levels.

* The formation of higher lows indicates strengthening demand, supported by rising volumes during advances, suggesting accumulation.

* Price stability above established support zones reinforces the bullish structure.

* Participants may consider initiating long positions in line with the prevailing upward bias.

Buy Federal Bank Ltd CMP 293.75 Range 292-294 SL 283 Target 313

 

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ00017433

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here