FEDERALBNK (30m) - Breakout Pullback SetupFederal Bank Ltd. (India)NSE:FEDERALBNKTradeZoneSurajSetup: Federal Bank has been consolidating within a Multi Day Balance Area on the 30m chart, rotating between roughly 342 and 349 over the past several sessions. Price has now broken above the balance area with strong momentum. The move is targeting the previous high at 358.75, which also marks the next resistance level above. Key Levels: Multi Day Balance Area: 342.00 – 349.00 Swing Low: 345.00 Resistance (Previous High): 358.75 Trade Plan: Bias: Long Entry Zone: 349.00 Stop Loss: 345.00 Target: 358.00 Risk:Reward: ~1:2.25 Invalidation: A close back below 345.00 invalidates this setup, putting price back inside the balance area and signaling the breakout has failed. Risk Management: This setup carries a ~4-point stop from entry. Size your position so this stop reflects no more than 1% of your total trading capital at risk. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Manage your own risk.