skiran

A modified analysis of Federal Bank due to Result impact

skiran Updated   
NSE:FEDERALBNK   FED BANK
The resistance level is the key and once it is broken, wait for the next signal. If it goes higher than 105.65 on 19th Jan, then in less than 2 weeks, it can achieve first target @ 122.40 or above. Second target would be the same as I have mentioned in my first chart analysis.
Comment:
Correction: Instead of resistance, please read Support.
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