Near its long term trendline. Above 92.50 can be a good buy.
Federal Bank formed CUP and Handle + Ascending triangle pattern Analysis: 1. CMP 85.55 Cup and handle pattern formation already completed and Breakout is pending 2. Also I see ascending triangle pattern 3. Can add CMP and until 79 remaining qty can be added after breakout 4. Target for this candidate T1- 97, T2 - 110, T3 - 120, T4-140 5. Stop loss I would say 73...
Hello Traders, Warm Greetings! As per technical analysis, federal bank is exhibiting bullish pattern, if it breaks above 89.35 you can enter the position and long for a target of 95.60 in short term (10-15 days).
1 DAY CHART TIMEFRAME CUP HANDLE PATTERN IS COMPLETED NOW BUYING START BREAKOUT LEVELS ARE CURRENT
Price making falling wedge pattern and it is about to break and move up once this ciaos settles in India. Get ready to jump in once after the break.
NSE:FEDERALBNK RSI Breakout done on 24th May 2021 Price Breakout will follow soon above 88 on WCB Cup & Handle Formation on Weekly & Daily Charts Upside: 50%++++ Targets : 96-106-120-138 Monthly RSI > 55 first time since July 2019
RISING CHANNEL IN DESCENDING BROADENING WEDGE
Federal Bank is under consolidation, now seems to breakout one the breakout happens it is expected to move 7 points.
This is an earlier indication that Federal Bank might give out a breakout of its major weekly trendline. We can plan an entry on the breakout of the trendline.
FEDRAL BANK taken support form 200 DMA , and positive divergance also seems breaking out from falling wedge
FEDERAL BANK EQUITY levels ...28/04/2021 (D candle)
Federal bank is looking weak below green horizontal line. Short it below green line with intraday targets of white horizontal lines.
This stock looks good for intraday above todays high and swing trading also. Levels mentioned on the chart.
Buy - 78 Stop loss - 75 Take profit - 107 Based on below factors - 1. Fundamentals 2. Price action 3. Volumes Educational purpose only. Trade at your own risk