Formed a bullish pennant pattern. Can give short term target of 105 and long term target of 12-15%. Can place Sl near 95 (0.38 Fib)
This banking stock is consolidating forming a potential breakout from a flag kind of pattern. The momentum on daily also has a a potential reverse divergence that is bullish if it plays out. The momentum n=and trend indicator are bullish on all time frames. 91 could be A good support below which could be stop loss for swing/positional trades.caution that the...
NSE: FEDERAL BANK 102 -Pennant Like Formation -Next Level To Watch 104-106-108 -Support Near 100-95-90 -Closing Basis
Buy Federal Bank 98 has a strong support. Our first target is 106, if it breaks 106 next target will be 110, 115
CMP: 104 Breakout with volumes. Can be added in dips. Support: 75-80 Expectation: 130, 153
This is education purpose only. There is a decent break out in Federal. Those who can take risk can place order now with 1st target 124 and 2nd target 145. Actual stop loss is 82. But it is not necessary to wait still SL. You can follow trend line. As RSI is not supporting, Those who can't take risk wait for re-test
Federal Bank has given a classic Mark Minervini's VCP formation Breakout. The results that they announced was also good. Stock can give some good moves from here.
Please refer all the chart noting's, I have explained most of the things in the chart. Target shall be 110-130 levels and SL will be breakdown below 50EMA on a closing basis. If you are an Investor - Invest Patiently If you are a trader - Trade cautiously
As we can see smaller pattern has been achieved at D and it has made doji or indecisive candle and if stock falls from here then we can safely long it at 89 as after breakout this line has not been retested so we can expect bounce off this line and movement has been shown with blue arrows. After taking support on this trendline at 89, bigger harmonic pattern will...
Federalbnk Long Breakout done Buy at CMP- 93.6 or around 90 SL- 86.8 Target- 98.2, 104.7, 110 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Trade Idea Keep an eye! - Key levels have been marked - Volume Expansion has happened - Breakout after almost 7 months of sideways consolidation Keep an Eye! This is not a recommendation, do your own analysis of this idea before putting your money in it
The stock has been moving within a range for quite a few months. However, the setup in the current market and its bullish RSI levels looks ripe for BreakOut for this stock if it crosses and sustains over 90. Expected levels are 97 and 104. Keep a tight stop loss, probably around 86 levels once the trade is initiated. Or you can adjust basis your own risk...
1. Stock has handsomely broken the symmetrical triangle pattern 2. The horizontal line is the very near resistance 3. It may retest, but any weekly closing below the downward trendline will be weak Just shared my interpretation of charts, not any recommendation
Federal bank has broke out of the triangle formation in weekly time frame ; MACD Reversal seen in weekly chart . It already broke out of its Channel Resistance at 90.6 . Next targets are 110 and 124 respectively.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Federal Bank has been trading into the triangle channel pattern for the past 2 - 3 months and now it has broken the pattern. In the chart I have mentioned the entry, stop loss and targets. Two ways that the stock can move up. 1)Stock can move with retracements 2)If the buyers are huge stock can move violently upwards. caution - Trade with stop loss. Happy...
Federal bank has given good breakout along with good intensity of volume in both daily and weekly time frames, all indicators are suggesting bullishness ahead, one can go long in this stock along with key levels mentioned on chart. key levels breakout with volume in weekly breakout with volume in daily inverted head and shoulder breakout in daily macd in...
share name : federal bank prediction : - share is forming head and shoulder pattern on larger time frame - montly - 110 is the huge resistance for the share b - in past we can see a massive fall from 110 - if share fall again from 110 we can see support around 67(right shoulder) - we can initatite a buy around 67 with sl of 60 max - targets 180 (max)