The stock trading at its previous years all time highs of october 2017
On weekly time frame WTF
If the stock break its levels of 128 at closes it above on WTF
then we have to wait for some consolidation on that level and breakout
then there was a good entry point in this stock
ALWAYS FOLLOW YOUR TRADING & R:R RATIO
HAPPY TRADING NSE:FEDERALBNK
Federal bank (53.90) 30 min chart suggests a CUP and Handle formation. If pattern completes, bullish breakout to target 60. Will be Buying with Support 53 for targets 56 , 60
