Deepak_dc93
Long

FEDERALBNK Buy opportunity at 49

NSE:FEDERALBNK   FED BANK
I will go LONG on FEDERALBNK because:
1) The price is forming a Chanel or Rectangle Pattern .
3) The price is also under Support/Resistance zone.
4) It has touched the support and may reach the resistance zone .
5) Target would be the Resistance area . Book profit when it reaches the resistance zone .

Entry - 49
Target - 57
Stop loss - 47.5
Trade closed: stop reached

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out