FEDERALBANK Analysis

A simple trend line breakout in weekly timeframe
Medium term outlook: Long buildup
Banking sector very bullish

Resistance zone:92.15-99.5
Upside Targets:108.40,127.35
Weak below 86.35

Only one negative and that is MFI(14) is overbought

Personally I am going to take a bullish trade only on resistance zone breakout