nalinakshi
Long

federal bank is strong hold your position with stoploss of 105

NSE:FEDERALBNK   FED BANK
slowly selling pressure is decreaasing, it is good chart on daily weekly and monthly
Comment: stillmoment hasn,t picked up, once it swill zoom out to 115 and 121
how you find this???
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nalinakshi kishorejakkalab
@kishorejakkalab, adx is good indicator of trend, you can make out trend jlweekening when ADz starts falling below 40. and in the hart you can see , and positive Dmi and negative DMI are converging, for llthe trend lto be positive crossover will suggest trend reversal still sellrs are there, now l it is showing trend neutral on daily chart, but if you see on weekly chart you will see positive trend, so carefully one has to master ADx to read the trend, another indicator is vortex, it also helps in finding direction in the market, but all are lagging indiacators, but price action will clearly tells you what is happenning.
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