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FEDERALBNKMARKET OUTLOOKSTOCK OUTLOOK

Federal Bank Outlook for the Week (April 29, 2024 – May 03, 2024)

Federal Bank
Federal Bank
Federal Bank closed the previous week on a negative note losing 3.88%.

Technically, Federal Bank share price will see immediate support at 153.48 and immediate resistance would be seen at 159.63.

If Federal Bank share price closes below immediate support of 153.48, then sharp breakdown can be seen. Federal Bank share price will see major support at 149.87 for the week.

On the positive side, immediate resistance will be seen at 159.63. Closing above 159.63, Federal Bank share price will see a sharp breakout. Major resistance for Federal Bank share price will be seen at 162.17 for the week.

Trading range for Federal Bank share price for this week should be between 147.33 on down side and 165.78 on up side.

Federal Bank Previous Week High: 158.55

Federal Bank Previous Week Low: 152.4

Federal Bank Previous Week Range: 6.15 Points

Federal Bank share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 165.78
Resistance 2 162.17
Resistance 1 159.63
Support 1 153.48
Support 2 149.87
Support 3 147.33
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{"buy_point":[{"en_ltd":"2024-04-25","en_sup_p_91":"154.96","en_sup_t_91":"151.74","prev_close":"153.60","en_close":"155.95","new_date":"Apr 25","prev_close_no":153},{"en_ltd":"2024-03-15","en_sup_p_91":"148.58","en_sup_t_91":"143.89","prev_close":"146.05","en_close":"150.45","new_date":"Mar 15","prev_close_no":146}],"sell_point":[{"en_ltd":"2024-04-16","en_sup_p_91":"154.07","en_sup_t_91":"156.79","prev_close":"155.00","en_close":"152.10","new_date":"Apr 16","prev_close_no":155},{"en_ltd":"2024-03-12","en_sup_p_91":"152.98","en_sup_t_91":"157.66","prev_close":"155.40","en_close":"151.75","new_date":"Mar 12","prev_close_no":155}]}

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