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FEDERALBNKMARKET OUTLOOKSTOCK OUTLOOK

Federal Bank Outlook for the Week (September 18, 2023 – September 22, 2023)

Federal Bank
Federal Bank
Federal Bank closed the previous week on a negative note losing 6.13%.

Technically, Federal Bank share price will see immediate support at 142.70 and immediate resistance would be seen at 151.90.

If Federal Bank share price closes below immediate support of 142.70, then sharp breakdown can be seen. Federal Bank share price will see major support at 137.15 for the week.

On the positive side, immediate resistance will be seen at 151.90. Closing above 151.90, Federal Bank share price will see a sharp breakout. Major resistance for Federal Bank share price will be seen at 155.55 for the week.

Trading range for Federal Bank share price for this week should be between 133.50 on down side and 161.10 on up side.

Federal Bank Previous Week High: 150

Federal Bank Previous Week Low: 140.8

Federal Bank Previous Week Range: 9.2 Points

Federal Bank share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 161.10
Resistance 2 155.55
Resistance 1 151.90
Support 1 142.70
Support 2 137.15
Support 3 133.50

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