Tata power is coming out of consolidation after 3 months of breakout with breakout candle breaking 50 MA. Capable of giving 10% return. Target - 252 and 267 SL - 220 Time period - 4 weeks
Federal Bank was moving in the fixed range for the last 4.5 years after reaching its lifetime high. Recently gave a breakout and retraced till its 200 MA (weekly chart). Can expect 30%-40% return in a duration of 6 months. Swing target - 110 and 127 Long target - 214 (12 to 18 months) SL - 80 Note - Federal banks are having strong growth and future. One...