Federal Bank- Bullish Engulfing at Breakout Retest07. FEDERALBNK- daily chart trading at horizontal support which is retest or recent breakout level and now the stock has formed bullish engulfing at support, but still we will wait for breakout confirmation, if stock able to break 72.2 level and sustain above this we can see upside towards 76.00/78.00 levels in coming days with the help of 69.00 support level.
FEDS trade ideas
Federalbank ShortI hope you can now see how the Federalbnk represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
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