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FEDERALBNKMARKET OUTLOOKSTOCK OUTLOOK

Federal Bank Outlook for the Week (August 28, 2023 – September 01, 2023)

Federal Bank
Federal Bank
Federal Bank closed the previous week on a negative note losing 7.06%.

Technically, Federal Bank share price will see immediate support at 134.97 and immediate resistance would be seen at 145.12.

If Federal Bank share price closes below immediate support of 134.97, then sharp breakdown can be seen. Federal Bank share price will see major support at 129.23 for the week.

On the positive side, immediate resistance will be seen at 145.12. Closing above 145.12, Federal Bank share price will see a sharp breakout. Major resistance for Federal Bank share price will be seen at 149.53 for the week.

Trading range for Federal Bank share price for this week should be between 124.82 on down side and 155.27 on up side.

Federal Bank Previous Week High: 143.8

Federal Bank Previous Week Low: 133.65

Federal Bank Previous Week Range: 10.15 Points

Federal Bank share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 155.27
Resistance 2 149.53
Resistance 1 145.12
Support 1 134.97
Support 2 129.23
Support 3 124.82

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