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trade of the month - DEC'20
FEDERAL BANK LTD
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trade of the month - DEC'20
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2020年11月25日
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2020年11月25日
A bit complicated...but self explainatory.
I see huge upside potential in the stock.
Support and resistance levels are as shown.
Trend lines too are given.
Since the stock has made small candles in the past, i expect to see just 3/4 big candles in the month as in bajaj twins to complete the retractions.
Ideally, trade in the the stock only in cash.
Else...sell ATM Calls and put, subsequently add options positions in the direction of the trade.
Personally i am biased towards upper side, however lets see what happens.
FEDERALBNK
Chart Patterns
Trend Analysis
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