There is a potential downward trend in Federal Bank due to a recent bearish engulfing. Share price could fall to 52-53 ranges and then increase again. View: Accumulate on every dip. Tgt @rs 80
What are your views on next month for federal bank. Please share.
NathanTheEpicTrader
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@ManojKumarBanga, I personally think that at this point, federal bank might go up very quickly but, it will face a resistance where it fell last at around Rs 62. If it goes past that level, it will definitely go up to 65-70 ranges.