bibz4trade
Short

A small Short !!

NSE:FEDERALBNK   FED BANK
85 4 5
Federal Bank NSE:FEDERALBNK             shows a double top in daily chart . Consider a short position with a near term target of 80.50
CMP: 85.25

Target : 80:50
SL : 88

Regards
Bibin
Trade closed: target reached
I'm holding from 49.50
Should I add more at 80? Or shift to another stock ?
My view is long term. 1yr
Reply
bibz4trade jacktheGREAT
@jacktheGREAT, Just see the monthly chart view and make your decision

snapshot


Regards
Bibin
Reply
jacktheGREAT bibz4trade
@bibz4trade,
Thank you:-)
Reply
bibz4trade jacktheGREAT
@jacktheGREAT, Bank nifty showing some weakness, wait for for a reversal signal if you have a plan to accumulate.

Regards
Bibin
+1 Reply
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