Buy Federal bank

Buy Federal Bank at current level. Hammer candlestick pattern formation at important support level. After that continues raise since 2 days and reached above 50days EMA level. MACD crossover below Zero confirms upward momentum.

Buy - 132.80
Target - 142.25
SL - 123.35
Risk reward ratio - 1:1

Yorum:

I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.