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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SEBI Registration number is INZ00017433
