Hold Federal Bank, says Vishal Malkan

Vishal Malkan of malkansview.com told CNBC-TV18, "In Federal Bank one should hang in because I think all the PSU banks charts looks like they have bottomed out and the worst is over for PSU bank. So, definitely a hold may be one might see a price of around Rs 60-65 if he/she is ready to hold on for 6-8 months. If one extends his/her horizon by a year or so then one can look at some profits above Rs 80-85."Federal Bank ended at Rs 50.35, up Rs 0.45, or 0.90 percent.