Stock of the day : Federal Bank Ltd For Target Rs. 222- Religare Broking Ltd
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Federal Bank Ltd
Buy Federal Bank Ltd CMP 209.22 Range 208-210 SL 202 Target 222
* Federal Bank is exhibiting a clear uptrend, characterized by a consistent pattern of higher highs and higher lows.
* The stock remains above its crucial short-term and long-term moving averages, reinforcing the positive momentum.
* Additionally, the formation of a flag pattern further supports the bullish outlook and suggests potential for continued upside movement.
* Investors may consider initiating long positions within the current trading range.
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