Buy Federal Bank at Rs 376: Hemen Kapadia

Buy Federal Bank at Rs 376, says Hemen Kapadia, CEO of chartpundit.com.

September 21, 2011 / 10:12 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Buy Federal Bank at Rs 376, says Hemen Kapadia, CEO of chartpundit.com.

Kapadia told CNBC-TV18, "The bank nifty has done exceptionally well and has given a decent upmove. Federal Bank has done the same. It has given a mini breakout once again on the hourly charts. One can buy at Rs 376 with a stoploss at Rs 372 and target of Rs 384. This is a short term call valid for intraday.

first published: Sep 21, 2011 09:57 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347