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techtrail
Sep 28, 2016 4:20 AM

Federal Bank: Awaiting a Breakout 

FED BANKNSE

Description

Check the annotation in the chart.

Comment

The anticipated breakout happened today with huge volume. Aggressive traders can chase the stock while the more patient ones may await a pull back. Given the volume and spike today to new mutli-year highs, I suspect if there would be a meaningful pull back happening immediately. If it does, I would be a happy-buyer.
Comments
muraleebhat
Thanks for update. Stock may hit 150 in due course
jacktheGREAT


have a look at this
jacktheGREAT
is it possible C&H pattern ?
aditya737
what do you make of the increased volumes in the rally compared to the selloff ?
RishiAjmera
I guess 75-80 is a good short opportunity. It may give a false breakout.
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