Federal bank is at crucial long term breakout retest Federal bank is at crucial long term breakout retest.
Suitable only for patient and long-term based investors.
For short term, strict SL is 85
Federalbank
Federal bank short term view againFederal bank looks weak after reached the head and shoulder target. Support 91 is strong. if it breakdown, it may go around 84 range. It may take few weeks or upcoming week. indicators are in bearish mode only so it helps to breakdown the support level.
Stoploss: Stright line mentioned in chart keep that on closing basis
Vijayaraghavan,
Kovilpatti.
A modified analysis of Federal Bank due to Result impactThe resistance level is the key and once it is broken, wait for the next signal. If it goes higher than 105.65 on 19th Jan, then in less than 2 weeks, it can achieve first target @ 122.40 or above. Second target would be the same as I have mentioned in my first chart analysis.
Federal Bank short term viewBandbollinger forms a narrow range in weekly chart and Macd lines might cut on coming week. In daily chart ADX,RSI are positive. These indicators may help to break the triangle pattern.
From the trend lines(not shown in the graph) targets are
122.3
124.18
126.05
126.5
127.8
129.47
130.45
Stoploss :114.5
Vijay,
Inditrade,Kovilpatti
Federal - Moving towards the upper boundNSE:FEDERALBNK federal bank has started moving back to its upper bound
The stock is also moving towards builing a bullish triangular pattern. Once the top (121.5) is broken stock will go for breakout
Buy Federal Bank above 114
Target 119 and above
SL 111.30
FEDERALBANK towards a boomNSE:FEDERALBNK is ready to break its bullish triangular pattern resuming its long stalled bullish trend
Buy above 122
Target 127
SL 119.70
FEDERAL BANK TRADE IDEAI expect the stock to fall till the buy zone and then set off to the target zone. Buy near the buy zone with the Stop Loss mentioned and ride till the target zone.
Federal Bank Great Demand Zone, But Only If.. ;-)
Note :-RSI Divergence is suggested before entering.
Federal Bank Long SetupStock has taken support and bounced back. Closing basis 100 acts as support. May test 115-125.
FedBank: The Bear FlagPattern---- Bear Flag
Zone of interest ---- 116/117 short setup
Target --- 113/114
Stop --- As per risk appetite
Hit like if this information is useful.
Trade safe
Regards
Bravetotrade
FederalBnk: Some Room for CorrectionNotes on the chart.
Hit like if this analysis is informative. Comments are welcomed.
Trade safe.
Best Regards
Bravetotrade
Federal bank - is it a leading diagonal pattern ?Federal Bank 15 minute chart
critical analysis welcome on this script !
is it a triple x formation in Federal Bank ? (15 minute chart)Elliott wave 15 minute chart of Federal Bank
Federal Bank approaching channel resistance 93Federal Bank has been trading in uptrend channel it closed with bullish sign and seems to be approaching channel resistance around 93 in near term.
Channel Trade Setups It is been observed that the price action in both stocks trending up in the channel. They both getting high demand on the support levels or the supporting line of the channel, indicating buyers pushing up price action in a channel setup.
I shall be updating the trade calls on Monday.
Regards.
Federal Bank - Trend Continuation SetupIt is been observed that the price action is trending up on the daily chart and reaching above the 52w highs. Now, it is taking support at 86.50-87 levels and moving up again, indicating a trend continuation trade setup.
Target: 91
Stoploss: 87
A small Short !!Federal Bank NSE:FEDERALBNK shows a double top in daily chart. Consider a short position with a near term target of 80.50
CMP: 85.25
Target : 80:50
SL : 88
Regards
Bibin
Federal Bank Breaks Below Support Zone It is been observed on Daily Chart that the price action breaks and closes below support zone of 66-65 levels indicating sellers dominance over price action. Now, it shall move further down to the next support zone at around 60-61 levels.
Target 1: 63
Target 2: 62
Stoploss: 65
