Key Levels for FEDERAL BANK are : t.me - JOIN TELEGRAM CHANNEL
Upper Breakout~87.20
First Target~87.80
Interim Resistance~88.50
Final Resistance~89
**Lower Levels**
Lower Breakout~86.10
First Target~85.50
Interim Support~84.80
Final Support~84.20
Please trade with caution and consult your financial adviser before trading. You can also join...
TREND ANALYSIS
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
Any break of 79 with a daily close below 79 ; will lead to a heavy fall
Any break of 86 with a daily close above 86 ; will test 92
Lets hope there will not be a daily close below 79
After a consolidation phase, stock enters into a Safe Zone :)
I see a Long opportunity here. Can go long by entering at 89.5 with SL placed at 87.5 for targets towards 91/92.5
The Federal Bank Limited is a banking company. The Company operates through four segments: Treasury, Corporate or Wholesale Banking, Retail Banking and other banking operations. The Treasury operations include trading and investments in government and corporate debt instruments, equity and mutual funds, derivative trading and foreign exchange operations on account and for customers. The Corporate/Wholesale Banking segment provides loans and other banking services to corporate and other clients. The Retail banking segment provides lending and other banking services to individuals/small business customers, other than corporate/wholesale banking customers. The Other Banking Operations segment includes para banking activities, such as third party product distribution and other banking transactions. It offers various accounts and deposits; loans; cards; banking services, and insurance and investments. It operates over 1,250 branches and over 1,520 automatic teller machines (ATMs).
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FEDERALBNK
