jacktheGREAT
Long

federal bank potential cup and handle pattern

NSE:FEDERALBNK   FED BANK
69 6 2
Federal bank formed C&H pattern on weekly chart
can we see price at 110 after a positive breakout above 78 ????
Trade closed: target reached
Looks like it will retest the support of 75 before it will start further upward journey.
+1 Reply
jacktheGREAT sagarkotecha
@sagarkotecha, aggre
Also note 2 hanging men candle that may lead price to 76-75
Reply
Great...Good one.
Reply
jacktheGREAT aparn.siddz
thank you
Reply
Nicely measured the targets as the pattern formation. I would advise you not predict patterns in markets, just identify one and become a part of it. It will give you greater success. Regards.
Reply
jacktheGREAT NeeteshJain
thank you for your valuable advice
i'll take care of it next time
Reply
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