FEDERALBNK::Analysis
A strong move is identified in this stock movement.
later a gap down is observed, neckline at 140 level failed to push the price upside,
then price test the support at 124 levels soon.
A left shoulder is detected at 156 levels, keep in bearish side as long as price is below the head section...
no long side is possible in this stock.
neckline is acting as support multiple times, if liquidity grab below these levels be finished soon, keep looking for long once
later a gap down is observed, neckline at 140 level failed to push the price upside,
then price test the support at 124 levels soon.
A left shoulder is detected at 156 levels, keep in bearish side as long as price is below the head section...
no long side is possible in this stock.
neckline is acting as support multiple times, if liquidity grab below these levels be finished soon, keep looking for long once
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