Traderanit

Federal Bank about to come out from triangle

Long
NSE:FEDERALBNK1!   FED BANK FUTURES
Federal Bank is trading in a downtrend from long but currently, it entered into a triangle formation with a most probable upper side breakout. One can go long in FederalBnk Sep Fut above 52.10 keeping a strict stop loss at 50.30 which is a lower leg of a triangle breakout.

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