Federal Bank (NSE: FEDERALBNK) is bounding off of trend line support and also 200DMA support. The price action is bullish and we can expect it to reach resistance zones at 90 and subsequently at 97.
Federal Bank has given trendline breakout. volume seems good to go long. stoploss and targets are on screen
federal bank has been everyone's watch out for the pat 4 months since its been trying to cross the 90 support range, if HDFC crosses its support, then federal bank will cross the support as the big bank will move the bank nifty which eventually pushes the small bank to its top. have a watch on it.
NSE:FEDERALBNK is facing multiple Resistance on Weekly Chart. Currently trading near its long Down Trend Resistance level. Also stock is taking support on 50 EMA (Week). Stock is poised at crucial point now. If Federak Bank gives BO from its Trend line Resistance & sustains, then we can see a Fresh long term upmove in stock. FIrst target of upmove will be ...
Federal bank reversal zone 78-78.5 can test 85 .......... view negated below 77 daily close Thanks Jigar Pateel 8898030401
refer description for details disclaimer: only for educational purpose
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Sell @87, SL-88, TGT-85.5 Buy @88, SL-87, TGT-90
A weekly close above this trendline might open further upside.
Positional Trade: Federal Bank Breaks out of a cup and handle pattern. CMP: 90 Target 1: 100 Target 2: 105 Stop Loss: 85
As shown in Chart Fed Bank has given Cup and handle breakout in multiple time frame with very good volume ... Levels are already mentioned in the chart.. Looks very good above : 92.50 for the target of 120+ Things to remember 1) Always wait for Confirmation, dont just jump in running candle 2) Condition for breakout is ... it should break the range with...
Federal Bank - Long Buy : ₹ 86 - ₹ 84 Target: ₹ 88.25, ₹ 89.45, ₹92.55, ₹ 94.6 Support: ₹ 84.35 , ₹ 81.20 Once the Bank Nifty is reversing upward, this stock will also rise up. Invest and Trade Wisely! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on...
federal bank cup and handle formation
- 50% entry at CMP 87.4, rest after 94 - Huge volume and RSI bearish zone rejection can help the stock break past its strong supply zone. ONLY FOR EDUCATIONAL PURPOSE
Hi guys, I have been following this stock for quite some time and found this perfect opportunity where the Swing RR is more than 1.7 ! Manage your risk more than managing your profits. Comment and Like if you like the setup & have a suggestion for the next company which you want me to analyse. Regards, Retail Investor (Abhishek)
Though it's not very accurate for every stock, whenever there's a death cross on hourly chart, the price has gone down. If that happen, it may show levels around 77. An up move from that level would be a good idea to long. But yesterday's up move has averted it for now. May show upside of 88 and 92. SL 81.50. A sign of concern is that RSI going into over bought...