#FEDERALBNK (Cmp: 91.05)

- Stock has formed wedge pattern and given upside breakout on a 1-hour chart
- Positional traders can accumulate stock at 88-91 level
- Expecting upside move upto 96-100+ level in coming trading session with the help of given support
- Support stands at 85

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Disclaimer: Above provided view & recommendation is posted for educational purpose. There is a risk of loss in investing or trading in securities (cash or futures or options) which you should be aware of prior to making an investment/trading decision, including the possible loss of principal. You are responsible for all investment decisions you make including understanding the risks involved, even if it is based on information. Therefore. before taking any financial decision you are requested to consult with a financial expert.
FEDERALBNK - chart - 10121279