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NeeteshJain

Federal Bank - Trend Continuation Setup

Long
FEDERAL BANK LTD. (BSE:FEDERALBNK)  
NeeteshJain Updated   
BSE:FEDERALBNK   FEDERAL BANK LTD.
banknify trendcontinuation federalbank
9
3
banknify trendcontinuation federalbank
It is been observed that the price action is trending up on the daily chart and reaching above the 52w highs. Now, it is taking support at 86.50-87 levels and moving up again, indicating a trend continuation trade setup.

Target: 91

Stoploss: 87
Trade active
Comment:
Stoploss changed to 85 Levels. Regards

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