Price is at the support level of the channel. Stochastic oscillator signal line crossover. Formed a bullish engulfing pattern on the support level .
Buy - 83.00 - 84.00
Target - 96.80
Stop loss - 78.0
Risk reward ratio - 1:3
Buy Federal Bank at current level. Hammer candlestick pattern formation at important support level. After that continues raise since 2 days and reached above 50days EMA level. MACD crossover below Zero confirms upward momentum.
Buy - 132.80
Target - 142.25
SL - 123.35
Risk reward ratio - 1:1