FEDERALBNK
Federal Bank: Breakout Confirmed, Bullish Consolidation or RetesAnalysis:
The chart of Federal Bank on TradingView suggests a confirmed breakout above the 158.95 resistance level (orange dotted line), offering a potential long entry opportunity. However, recent market volatility and the price action within the chart require careful consideration.
Current Price: ₹164.70, above the breakout level
Breakout Confirmation: The recent surge past the resistance zone, accompanied by decent volume, confirms a potential trend reversal. However, the recent market weakness and the consolidation pattern visible in the chart necessitate further analysis.
Trading Strategies:
Aggressive:
Enter long only if the price breaks above the consolidation range with renewed buying volume, suggesting continued momentum. This approach requires confidence in the breakout's strength despite recent market weakness.
Set a stop-loss order below the breakout level (₹158.95) or below the consolidation range, whichever is more conservative.
Potential target prices could be ₹175 and ₹185 based on chart patterns and Fibonacci extensions.
Conservative:
Wait for a potential pullback towards the breakout level (₹158.95) or within the consolidation range.
Enter long only if the price finds support at the pullback zone and exhibits strong bullish reversal signs, such as a double bottom or engulfing bullish candlestick pattern. This approach prioritizes minimizing risk before committing.
Additional Considerations:
The stock market is inherently volatile, and recent market weakness could impact Federal Bank's momentum.
Carefully analyze the price action within the consolidation range in the image to assess its strength and potential breakout direction.
Conduct your own fundamental research to assess Federal Bank's financial health, industry outlook, and future prospects before making investment decisions.
Implement prudent risk management through stop-loss orders and appropriate position sizing.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions
FEDERALBNK | Investment Pick📊 Details
The Federal Bank Limited (‘the Bank’) was incorporated in 1931 as Travancore Federal Bank Limited. It provides retail and corporate banking, para banking activities such as debit card, third party product distribution etc., treasury and foreign exchange business.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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FEDERALBNK | NSE | INDIA | ANALYSISFEDERAL BANK has following advantage to BUY:
1. Gave break-out for the 4 year trendline.
2. The Break-Out was with good momentum.
3. The Break-Out took a retest for the conformation.
4. RSI gave a breakout for the recent forming trendline.
Advantage: Our Big Bull Rakesh Jhunjhunwala is holding this stock and he increased stake in this recently.
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Federal Bank - Support and ResistanceThe analysis is done on daily TF hence
price may take few days to few weeks
in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for
educational purpose. Traders must
do their own study & follow risk
management before entering into any
trade.
Checkout my other ideas to understand
how one can earn from stock markets
with simple trade setups. Feel Free
to comment below this or connect
with me for any query or suggestion
regarding this stock or Price Action
Analysis.
Long FEDERALBNK - Move is ON..NSE:FEDERALBNK
✅ #FEDERALBNK - Trading above Resistance of 138
✅ Next Resistance is at 162
✅ Pattern as shown in chart
Related chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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 - Good weakly breakout🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
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 its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.
FEDERALBNK - Ichimoku Bullish Breakout Stock Name - The Federal Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 133
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Federal bank Inverse Head & ShoulderKeep this stock in watchlist.
1.Inverse Head & Shoulder pattern formed
2.Breakout with high volume .
3.Seems like there is nothing to retest.
Buy above - 105
Targets mentioned in the chart above.
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Chart8: Accumulate Federal Bank for targets of 80/100 plusNSE:FEDERALBNK
Trading Idea: Short to Medium term positional
Reason: Good cypher pattern close along with good accumulation happened btw 50 to 60 zone in Federal Bank. It is entering into demand zone .
Chart Pattern: Harmonic pattern
Targets: 80/100 plus
Stop Loss: Daily Closing basis 57
Holding Period: 6 Months
DISCLAIMER: Trading Ideas are shared for learning and education Purpose Only. Please consult your financial advisors before investing/trading.
Breakout in Federal Bank...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 - Bull ModeFederal 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 trading !!!
Comment you views and doubts....
federal bankshare 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)
Federal Bank "Uddega" Swing Trade || Daily Time Frame 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)