Federal Bank has fallen 10% in last few days while the banking sector increased by 5%. The delivery of the stock is very low but the current price looks attractive right now for the investors. The slippage posted in the results have now been factored in; the bet is it will rise in February overcoming the fear sentiment!
The stop loss should be 97!
The stop loss should be 97!
Note
Catching it back with new stop loss at 90!Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
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Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
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.
Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
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.