RoyRishu

FEDERALBNK CAN GO DOWN TO 40

Short
BSE:FEDERALBNK   FEDERAL BANK LTD.
I THINK FEDERALBNK WILL GO DOWN TO 40 REGION OF SUPPORT AS TWOMOROW IS ITS EARNING DAY SO BETTER LOOK WHAT THEY HAVE GIVEN IN THEIR DATA BEFORE ENTERING BUT I THINK IT IS GOING TO BE NOT THAT GOOD BECAUSE OF CORONA PANDEMIC SO MOST PROBABLY IT WILL GO DOWN BUT STILL KEEP YOUR EYES ON THE TREND LINE SEE IF IT BREAKS OR NOT AND ON SUPPORT ZONE TOO
TECHNICAL INDECATORS ARE BEARISH TOO
AND YES USE THE VWAP IN 5MIN TIME FRAME TO JUDGE THE BREAK OUT IF THERE IS A BREAK OUT FROM THE TREND LINE YOU SHOULD NOT ENTER BEFORE VWAP CONFERMATION IN 5MIN TIME FRAME
PLEASE TELL ME I THERE IS ANY MISTAKE I AM STILL LEARNING
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