Stock Radar: Federal Bank breaks out from 4-month consolidation phase to hit record highs; time to buy?
Federal Bank's stock price surged to a record high of Rs 213, breaking out of a four-month consolidation period. Experts suggest this positive momentum could propel the stock to Rs 250 within the next few months. The bank's strong performance, coupled with favorable technical indicators like RSI and MACD, makes it an attractive buy for investors.