Federal Bank | Swing + Long
Federal Bank was moving in the fixed range for the last 4.5 years after reaching its lifetime high. Recently gave a breakout and retraced till its 200 MA (weekly chart).
Can expect 30%-40% return in a duration of 6 months.
Swing target - 110 and 127
Long target - 214 (12 to 18 months)
SL - 80
Note - Federal banks are having strong growth and future. One can HOLD it for the long term (>10 years) for multi-bagger returns.
Can expect 30%-40% return in a duration of 6 months.
Swing target - 110 and 127
Long target - 214 (12 to 18 months)
SL - 80
Note - Federal banks are having strong growth and future. One can HOLD it for the long term (>10 years) for multi-bagger returns.
Note
10% target reached.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.