* Stock has given a double bottom breakout on hourly chart and rounding bottom breakout on daily chart with good volume hinting good upside move can be seen in near term
* Good positive divergence is witnessed on daily chart before breakout
* On hourly chart stock is well trading above all strong DMA’s like 100-200 suggesting strength of the stock.
Buy Federal Bank Ltd @ 87 SL 82.50 TGT 93 CMP 87
To Read Complete Report & Disclaimer Click Here
For More LKP Securities Ltd Disclaimer http://www.lkpsec.com/
Above views are of the author and not of the website kindly read disclaimer