Federal Bank's stock reached a high of 205 on July 25, 2024, but lost momentum, briefly bouncing back to 206 on August 13 after testing its 21-DMA. However, gains were short-lived, with the stock drifting toward its 50, 21, and 89-DMAs before finding support above the 100-DMA. It rebounded twice from the 180 level in September and October 2024, forming a double-bottom pattern on the daily charts.
