Abhishek_TradersSin

Federal Bank is bullish for short trend

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BSE:FEDERALBNK   FEDERAL BANK LTD.
We have confirmation on three basis points here :
1. Uptrend so only buy position.
2. Broken structure zone with good volume.
3. Retest or last kiss checked on 1H time frame.
4. Bullish as on 4H time frame three green soldiers are visible.

Action-Plan : Enter at current price and trail the stop loss to the above resistance zone if it breaks it. Safe traders can exit at upper structure and aggressive can hold but trail stop loss.

Risk Reward is almost 1.89 on the upside.

"Keep hustling and making small losses to ride the big profits"

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