Technically, Federal Bank share price will see immediate support at 131.90 and immediate resistance would be seen at 135.40.
If Federal Bank share price closes below immediate support of 131.90, then sharp breakdown can be seen. Federal Bank share price will see major support at 130.60 for the week.
On the positive side, immediate resistance will be seen at 135.40. Closing above 135.40, Federal Bank share price will see a sharp breakout. Major resistance for Federal Bank share price will be seen at 137.60 for the week.
Trading range for Federal Bank share price for this week should be between 128.40 on down side and 138.90 on up side.
Federal Bank Previous Week High: 136.3
Federal Bank Previous Week Low: 132.8
Federal Bank Previous Week Range: 3.5 Points
Federal Bank share price support and resistance for the week (August 14, 2023 – August 18, 2023)
Level Type | Value |
---|---|
Resistance 3 | 138.90 |
Resistance 2 | 137.60 |
Resistance 1 | 135.40 |
Support 1 | 131.90 |
Support 2 | 130.60 |
Support 3 | 128.40 |