Federal Bank Ltd. (India)
Long
Updated

Piercing line pattern Federal Bank

305
Piercing line pattern seen on Federal Bank Chart

Price could reverse from here and again re-test the breakout level of 217.

If price sustain over breakout level, there are lot of chance to move up.

Keep watching..............

This is only for educational purpose and no any recommendation of trade.


Trade closed: stop reached
From this trade, we learned that no matter how good your stock analysis is, and no matter how supportive the price action may be, if the market sentiment is negative, all analysis becomes useless. Therefore, we must first understand the market sentiment before taking any trade. Thank you all for your support.

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