Sunday, 7 February 2016

Federal Bank Ltd.

    Federal Bank is currently weak on the chart. It is trading at Rs.45.80/-. It may further slide to Rs.28/- from this level. Hence, one should make short position in this stock with strict stop loss of Rs.48/- on upper side. But if the stock closes above Rs.54/- decisively on closing basis then one should buy this stock for long term . For long term investor the stock is looking good and one can add this stock in his portfolio  on lower  side if available in near future around the level of Rs.28/- to 34/-

Discloser-
 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I/blog author will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
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