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Stock of the day : Federal Bank Ltd For Target Rs. 214 - Religare Broking
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Federal Bank Ltd
* FEDERALBNK exhibits a clear uptrend and is currently trading near the record high levels.
* It has formed an elevated base in the form of consolidation with good volumes, suggesting accumulation by stronger hands.
* Considering the price action and renewed strength in banking space, the stock is set for the next leg of up move.
* Traders can consider fresh longs in the mentioned range.
Buy Federal Bank Ltd CMP 203.30 Range 202-204 SL 198 Target 214
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SEBI Registration number is INZ000174330
