Federal bank - Buy on dips of 20 and 50 MA

has broken out of a prolonged consolidation and is now trading around fresh all-time-high territory, keeping the primary trend firmly bullish. The breakout above the earlier ₹330–338 zone has opened the possibility of further upside, with ₹360–365 as the immediate hurdle and ₹370+ as the next zone to watch. The structure remains positive as long as the stock holds above the breakout zone. Dips toward ₹350–340 can be viewed as potential support areas rather than a trend reversal.