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Federal Bank - Triangle Pattern Breakout - Long
FEDERAL BANK LTD
Long
Federal Bank - Triangle Pattern Breakout - Long
By Caapinves
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Updated
May 17, 2021
1
May 12, 2021
Fed Bank has formed ascending Triangle and breakout was happened and retraced back above the pattern.
Hence, we can go for Long in the Script.
Buy - 77.50
Target - 83.40 and 92
SL - 76.50
Disclaimer: Kindly do your own analysis before executing this trade.
May 17, 2021
Trade active
Bough at 77.80
Parallel Channel
Triangle
Caapinves
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