NeeteshJain
Long

Federal Bank looks Positive

On my personal view, I could identify three positives in this chart,

1. Bullish Harami, a trend reversal candlestick pattern,

2. RSI divergence

3. Fibs Extension 1.272

It is only personal view and not a recommendation on the same.

I would target 1 49.20 with SL 44.50

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