FEDERAL BANK LTD
Long
Updated

FEDERALBNK

FEDERALBNK Weekly RSI close above 55 + daily RSI > Weekly RSI + Daily ADX > 25
Momentum may be continuous from here
exit - Close below EMA_34 or Daily RSI close below 45 or Daily ADX close below 25.
Note
New SL 62.50
Note
New SL 64.00
Note
Book 50% Profit @ 64.35
And for remaining 50% SL is 64 on daily closing bases.
Note
New SL 80 On a daily closing basis.
Profit till now more than 40% in this trade.

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