federal bank looks bearish in short to medium term
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.
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.
トレード稼働中:
going down closed at 105.30
手動でトレードを終了しました:
long term trend is quite bullish here, in weekly, it is near ascending channel support.
It is better to close the short position here.
It is better to close the short position here.
コメント:
in weekly, after bouncing from the ascending channel, price moving up steadily, till now 113.60,