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2026-06-03 10:00:00 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

 

BUY Federal Bank Ltd CMP 293.05 Range 292-294 SL 283 Target 313

* FEDERALBNK continues to maintain a bullish stance, supported by sustained move above key short- to medium-term moving averages, reflecting underlying strength.

* The ongoing consolidation appears constructive, with prices advancing within a rising channel, indicating accumulation and healthy trend continuation.

* A breakout above the prevailing consolidation zone could attract fresh buying interest and accelerate upward momentum.

* Investors may consider accumulating the stock within the recommended price range.

 

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