Federal Bank is constricting .... very soon we may see a big move...
RSI is also in a range...
If Federal Bank gives Breakout and crosses 120 and sustain above there ... Target will be 125/137/150
and SL will be 115.... Risk Reward ratio is perfect...
And, If it gives Breakdown (chances are less) targets will be.. 112/107/100 and SL will be 118...
In both the scenario Risk to Reward ratio is perfect...
wait for the clear trend direction ... and then make position... :D
Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
RSI is also in a range...
If Federal Bank gives Breakout and crosses 120 and sustain above there ... Target will be 125/137/150
and SL will be 115.... Risk Reward ratio is perfect...
And, If it gives Breakdown (chances are less) targets will be.. 112/107/100 and SL will be 118...
In both the scenario Risk to Reward ratio is perfect...
wait for the clear trend direction ... and then make position... :D
Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
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I think move will be in upward direction put strict SL and ride the trend... :D
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Go for it guys :D
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given breakout.... :D
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