We see a very precise Bullish Bat forming in Federal Bank. Entry points and PRZ are marked on the chart. Recommend taking a position that allows partial profit booking along the way. You want to profit first at the 38.2% retracement of the CD leg and then finally at the 61.8% of the CD leg. SL would be below the X point.
Note
Position is active. it made a low of 111.40. Position should consist of 2 lots, we add 1 more if price arrives just above SL.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.