Morning Star - Federal Bank, 60 min Long

NSE:FEDERALBNK60

FED BANKNSE

Description

⋅ Jan 30, 2018 7:49 AM

Morning star a trend reversal pattern..
1st of all, sqr off the short recommended earlier.

can go LONG from here on..

Trade closed: stop reached

⋅ Feb 6, 2018 6:56 AM

Chart Patterns

Comments

parthrp888

⋅ Jan 30, 2018 3:30 PM

Market is in correction mood.and Such patterns may not valid on 60min time frame specially when the stock is crawling on crucial support level.. Shorts-longs both are at equal risk. But current market condition favours shorts. Lets see