RiderTrader

Federal Bank

Long
RiderTrader Updated   
NSE:FEDERALBNK   FED BANK
Federal bank breaking out of box.
If good close today then a buy on Monday.
Target 122+ to 132+
The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 13% from 50DMA and 200DMA.
It has recently broken out of a base in its weekly chart and is trading around 3% from the pivot point
Comment:
Bought @ 108 levels

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