Strongest Bank stock - Federal Bank- Buy.

1. Trend - UP.

2. Support - 200 was earlier acting as Resistance but now price is above 200 and this is now support.

Resistance -price is now making all time high, next major resistance will be 250 now.

3. Market conditions - BankNifty is showing reversal. Up move to 53000 is expected.

Federal Bank is strongest of banking stocks, so we will buy this to benefit from BankNifty up move.

4. Entry - Current Level - 202.

Target - 224, 249.