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Amit_Ghosh

Federal Bank Bounce Setup

Long
FEDERAL BANK LTD. (BSE:FEDERALBNK)  
Amit_Ghosh Updated   
BSE:FEDERALBNK   FEDERAL BANK LTD.
Trend Analysis Chart Patterns
18
2
trendanalysis chartpattern
It fell on the news that it will get impacted with Kerala Flood but in reality, it won't! Let's bet on the swing!
Comment:
I had 85 CE sold as a part of cover which I closed today at 85 CE. Tomorrow if PDL breaks, I am closing the trade and waiting for 1 point to roll over to september futures.

snapshot

There is no need for 80CE because it can retrace back there easily. Other call option values are very low.
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