Xabcd
XABCD PatternSeems like Federal Bank looks strong at 49.5 lvls with a stop loss at 45 below looking weak...
Aiming for a target of 54.5-59-64 lvls n soo onnnn....
Time period I can't guess but its positional not Intraday suggesstion...
Disclaimer:
I am not SEBI Registered Analyst. This is my first time plotting of XABCD Pattern on charts. Looks to me like Bullish Gartley kind off.. Its just a test trade.. So, suggest not to blindly follow my charts. If followed, one should always be able to manage risk.