techtrail
Long

Federal Bank: Bounce off 50-EMA

NSE:FEDERALBNK   FED BANK INR2
34 0 2
Stock exhibiting signs of resuming uptrend. Nice correction and bounce off 50-EMA. A reversal sign crops up in the daily three-line break chart (not shown here). Am waiting for a buy signal in MACD to buy this stock.
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