karthikbalasubramanian

Federal bank getting ready to take off

Long
NSE:FEDERALBNK   FED BANK
Federal bank has made a high of 124.65 and had been consolidating for many trading sessions. If this crosses the resistance of 124.65, this would give a good upmove.

The same holds true in the weekly and monthly perspectives too..

Don’t miss this trade..

Technique used - simple horizontal resistance
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