Technical - Conviction Delivery Idea : Federal Bank Ltd For Target Rs. 325 - Motilal Oswal Wealth Management
Federal Bank Ltd
(Mcap Rs 75,121 Cr.)
Buy Federal Bank Ltd CMP 305 Stop Loss 295 TARGET 325 Duration 1 Week

• Consolidation breakout at “All Time High” zones.
• Respecting 100 DEMA support.
• Rising volumes visible.
• RSI momentum indicator positively placed.
• We recommend to buy the stock at CMP Rs 305 with a SL of Rs 295 and a TGT of Rs 325.
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