federal bank looks bearish in short to medium term

20 Ağu 2017

In daily, first it broke the horizontal support, then moved up to touch the broken support, now acted as a resistance, and price moving down, after touching the horizontal resistance and trend line resistance.

sl - 113, 1st tgt - 103.

after a long consolidation, BB expansion and BB is moving down.

Note: this is not a fno call, I am sharing my view only.

23 Ağu 2017

İşlem aktif

going down closed at 105.30

25 Ağu 2017

İşlem elle kapatılmış

long term trend is quite bullish here, in weekly, it is near ascending channel support.


It is better to close the short position here.

14 Eyl 2017

Not

in weekly, after bouncing from the ascending channel, price moving up steadily, till now 113.60,