FEDERAL BANK LTD
Long
Updated

Federal Bank

203
Federal Bank has fallen 10% in last few days while the banking sector increased by 5%. The delivery of the stock is very low but the current price looks attractive right now for the investors. The slippage posted in the results have now been factored in; the bet is it will rise in February overcoming the fear sentiment!

The stop loss should be 97!
Note
Catching it back with new stop loss at 90!

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