Buy Federal Bank at current market price for the target of Rs 98.30 and SL of Rs 81.8.
Note: This analysis is for Educational Purposes only. Consult your Financial Advisor before any investment decision.
Price closed above the strong resistance from 2018 and since then price breached this resistance two times and the volume near the break is big as a result price moved big.
This time price closed above the resistance and one can expect a retest of the breakout level or there is a chance price move further up quick as seen previously from this level.
If you find...
I Have done A Analysis on line chat today , hope you guys will find it useful for trading
Targets & stop-loss are already mentioned
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