csk

FEDERALBNK - Bounce or Break

NSE:FEDERALBNK   FED BANK
Federalbank - weak below 91.5. bounce or break mode.
Jul 31
Comment: Break it is. Resistance is at 93-94. SL 94 for 80/78
Aug 13
Trade active: Low 83.6. Near to reach T1
Aug 22
Trade closed: target reached: 80 done. Trade closed. Will identify trades like this :)
in W chart it tested 2 fibo levels 1 AT 80.46 and 2 nd one at 90.7 .Now it wil test the 3 rd fibo I think. it is uptrend only in my opinion.Pl correct me if I am wrong
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csk Ratnaprasad
@Ratnaprasad, Market entered bearish phase, next support should be taken around 78-80
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looks bounce as per chart n trendline. but shall follow & move as market moves.
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csk manish_s
@manish_s, do not buy these bounce, it is going to head south
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Yes, you got this at the correct time , i am also watching , its make or break time
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csk joel-vg
@joel-vg, break it is :)
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