FEDERALBNK Outlook for the Week (December 23, 2024 – December 27, 2024)
Federal Bank closed the previous week on a negative note losing -8.77%.
Technically, Federal Bank share price will see immediate support at 185.19 and immediate resistance would be seen at 209.08.
If Federal Bank share price closes below immediate support of 185.19, then sharp breakdown can be seen. Federal Bank share price will see major support at 175.93 for the week.
On the positive side, immediate resistance will be seen at 209.08. Closing above 209.08, Federal Bank share price will see a sharp breakout. Major resistance for Federal Bank share price will be seen at 223.71 for the week.
Trading range for Federal Bank share price for this week should be between 161.30 on down side and 232.97 on up side.
Federal Bank Previous Week Open: 213.15
Federal Bank Previous Week High: 214.44
Federal Bank Previous Week Low: 190.55
Federal Bank Previous Week Close: 194.46
Federal Bank Previous Week Range: 23.89 Points
Federal Bank share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 232.97 |
| Resistance 2 | 223.71 |
| Resistance 1 | 209.08 |
| Support 1 | 185.19 |
| Support 2 | 175.93 |
| Support 3 | 161.30 |
