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Fedbank

Federal Bank Cup and Handle BreakoutAs shown in Chart Fed Bank has given Cup and handle breakout in multiple time frame with very good volume ... Levels are already mentioned in the chart.. Looks very good above : 92.50 for the target of 120+ Things to remember 1) Always wait for Confirmation, dont just jump in running candle 2) Condition for breakout is ... it should break the range with big green candle with good volume 3) There is 90% chance after a successful breakout, it should comeback to Re-test the support, which was once resistance 4) Always keep trailing Stop loss. Note : I am still learning .. let me know if i missed anything Disclaimer : This is purely for education purpose only
NSE:FEDERALBNKLong
by r-ya
FEDERAL BANKNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:FEDERALBNKLong
by SENSITRADE_T