Fed Bank has given a breakout of its previous down trend (Yellow line) last week and this week it has managed to sustain above that. Therefore, I would recommend to buy the stock for the targets of 109 and 127. For longer term the stock is looking extremly good. However, we will take a review once it crosses 127.
Target - 109 and 127
SL - 94 Weekly.
View - Short term.
Target - 109 and 127
SL - 94 Weekly.
View - Short term.