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Stock Radar: A breakout from January 2023 high could take Federal Bank to record highs
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Federal Bank, part of the private sector bank, has been consolidating in a range since January 2023 and is on the verge of a breakout.The private sector bank hit a record high of Rs 143.35 on January 16, 2023, but it failed to hold on to the momentum. The stock found support above Rs 120 levels before bouncing back.Federal Bank stock prices moved in a range after hitting a record high.
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