FEDERAL BANK LTD
Penjualan
Diupdate

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. cuplikan

Note: this is not a fno call, I am sharing my view only.
Trade aktif
going down closed at 105.30
Trading ditutup secara manual
long term trend is quite bullish here, in weekly, it is near ascending channel support.
cuplikan

It is better to close the short position here.
Catatan
in weekly, after bouncing from the ascending channel, price moving up steadily, till now 113.60, cuplikan

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