PrakWorld_Traders

Federal bank - Good weakly breakout

Long
NSE:FEDERALBNK   FED BANK
πŸ”΄DISCLAIMER

***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******

Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)

Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)

After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.

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