Federal Bank Target 59

Updated
The Stock has been in range and adhering the trend line
Can be bought at CMP with Stop loss of 52 on closing basis
Target of 59
Reason previous day candle Hanging man with confirmation of Today green candle closing above yesterday's high
Market is also supportive could be seen in next 2-3 sessions
Trade closed: target reached
Beautifully done !
Chart PatternsHanging ManTechnical IndicatorsshorttermTrend Analysis

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