Hi
Federal bank seems a good buy above 85.30, with a SL of 82.10 and target around 92/95/99.
MACD is positive also its showing divergence.
RSI is just a tad above 50.
RR ration is around 1:2/1:3
So can buy with this small SL and small quantity.
Federal bank seems a good buy above 85.30, with a SL of 82.10 and target around 92/95/99.
MACD is positive also its showing divergence.
RSI is just a tad above 50.
RR ration is around 1:2/1:3
So can buy with this small SL and small quantity.
Trade active
Trade got active.Current high at 87.40, can expect good upmoves.
SL is same as of now.
Note
High made today 89.60, & now we can change our SL to 84.20 from 82.10, 15 mins chart looks bullish as of now...so we can expect another bout of up moves tomorrow.Note
1st target of 92 is done.We can either book out or trail SL to 86 CLBS and wait for next target of 95.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.