#FederalBank looking good for long

#FederalBank cash looking good for a short term long period for a target of 89.2/94. Price and volume action in last session looking good. RSI above 55. EFI and ADX also suggesting buy.

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Disclaimer: Objective of this posts is to educate and help members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock ideas/views are momentum picks chosen using technical indicators and for education purpose only. And my views may go wrong. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.

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Stock made high of 92.