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tinunahata001

FEDERALBANK Analysis

Long
FED BANK (NSE:FEDERALBNK)  
tinunahata001  
NSE:FEDERALBNK   FED BANK
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
A simple trend line breakout in weekly timeframe
Medium term outlook: Long buildup
Banking sector very bullish

Resistance zone:92.15-99.5
Upside Targets:108.40,127.35
Weak below 86.35

Only one negative and that is MFI(14) is overbought

Personally I am going to take a bullish trade only on resistance zone breakout
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