FEDERALBNK bouncing off from multiple supports

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FED BANK (NSE:FEDERALBNK)

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NSE:FEDERALBNK FED BANK

trendanalysis chartpattern trendlinebounce 200dma 200sma 200smabounce federalbank federalbanklong federalbnk

Federal Bank (NSE: FEDERALBNK) is bounding off of trend line support and also 200DMA support. The price action is bullish and we can expect it to reach resistance zones at 90 and subsequently at 97.

評論:

The stock has handsomely crossed the 90 barrier today and we have booked a part of the profit. Now we hold for the next target of 97.

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