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    HomeNewsBusinessMarketsCash Market | An ascending triangle breakout trade in Federal Bank

    Cash Market | An ascending triangle breakout trade in Federal Bank

    Federal Bank has broken above the falling trendline and we also see a breakout of a massive six-month-old ascending triangle pattern. This suggests massive buying interest forming in Federal Bank.

    Moneycontrol Contributor
    October 14, 2021 / 08:21 IST
    Federal Bank | Rakesh Jhunjhunwala and FPIs reduced stake to 2.71 percent and 24.64 percent in September quarter, from 3.18 percent and 30.95 percent in June quarter respectively. (Image: PTI)
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