FEDERAL BANK could drop to 88 - 86 level in coming days if fail to close above 94.5 . Looks 1st Leg of Impulse move from 78.2 is coming to an end. If fail to move past 94.5 , will drop to 88 - 86 FR levels and likely to consolidate over a period of 9-10 days before next Upmove which will take the scrip to 102 level . BSE:FEDERALBNK
Note: I am not a Qualified Technical analyst. Please do your own analysis before taking any Investment decisions.