kskanth32

XABCD Pattern

Viés de alta
BSE:FEDERALBNK   FEDERAL BANK LTD.
Seems like Federal Bank looks strong at 49.5 lvls with a stop loss at 45 below looking weak...

Aiming for a target of 54.5-59-64 lvls n soo onnnn....

Time period I can't guess but its positional not Intraday suggesstion...

Disclaimer:
I am not SEBI Registered Analyst. This is my first time plotting of XABCD Pattern on charts. Looks to me like Bullish Gartley kind off.. Its just a test trade.. So, suggest not to blindly follow my charts. If followed, one should always be able to manage risk.

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