FEDERAL BANK

١٥ أكتوبر ٢٠٢١

Federal bank has given good breakout along with good intensity of volume in both daily and weekly time frames, all indicators are suggesting bullishness ahead,
one can go long in this stock along with key levels mentioned on chart.

key levels

breakout with volume in weekly

breakout with volume in daily

inverted head and shoulder breakout in daily

macd in weekly turned bullish

macd in daily positive uptick and above zero line

rsi in weekly above 60 and uptick

rsi in daily above 70

upper bbc in weekly

upper bbc in daily

dmi adx in weekly positive ungali setup

dmi adx in daily positive ungali setup


Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing