FEDERAL BANK LTD
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Federal bank short term view again

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Federal bank looks weak after reached the head and shoulder target. Support 91 is strong. if it breakdown, it may go around 84 range. It may take few weeks or upcoming week. indicators are in bearish mode only so it helps to breakdown the support level.
Stoploss: Stright line mentioned in chart keep that on closing basis


Vijayaraghavan,
Kovilpatti.
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From daily chart, It may go upto 103. so close your short trade. Once it reached 102, we can decide whether sell or buy.
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breakdownChart PatternsfederalbankTechnical IndicatorsTrend Analysistrianglebreak

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