Federal Bank Ltd. (NSE) shows a clear rectangular consolidation zone

🔍 Chart Analysis Range: ₹188 (support) – ₹214.5 (resistance) Current price: ₹210.6 → price is approaching upper resistance of ₹214–₹215. Pattern: Rectangle or Box Consolidation. Volume: Gradually increasing as the price rises toward resistance — a positive sign for a potential breakout. ⚙️ Possible Scenarios Bullish Breakout (above ₹215–₹216): Confirmation with daily close above ₹216 and volume above average. Upside target: ₹228–₹232 initially, then ₹240+. Stop loss: Below ₹208 (or below breakout candle low). Rejection from Resistance: If price fails near ₹214–₹215 and forms rejection candles, expect a retest toward ₹200–₹195. That would keep the stock in the sideways zone. 📈 Bias: Currently bullish within the range, but needs a breakout confirmation for trend continuation.