Stock of the day : Federal Bank Ltd For Target Rs. 205

2025-03-26 11:48:41 am | Source: Religare Broking Ltd

Stock of the day : Federal Bank Ltd For Target Rs. 205 - Religare Broking Ltd

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Federal Bank Ltd

Buy Federal Bank Ltd CMP 194.85 Range 194-195 SL 189 Target 205

* Federalbnk showcases a steady rising structure, although it witnessed some selling pressure in line with market corrective phase .

* The stock has rebounded strongly from its previous support zone while reclaiming its 20 WEMA.

* The sharp surge in price along with rising volumes, suggests that this up move is likely to continue.

* Traders can consider longs in the mentioned range.

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Stock of the day : Federal Bank Ltd For Target Rs. 205 - Religare Broking Ltd

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