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Garey_Singh

The Federal Bank Ltd. - ANALYSIS

Short
FED BANK (NSE:FEDERALBNK)  
Garey_Singh  
NSE:FEDERALBNK   FED BANK
Trend Analysis Chart Patterns Technical Indicators
13
3
trendanalysis chartpattern indicator
The Federal Bank Ltd. has formed an Inverted Flag pattern in the weekly chart.

It is likely to see breakdown below swing low of 40 level.

We might see further weakness below 35.7.

Technical parameters look weak as of now. Keep a watch.
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Garey
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