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.
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)
#DCBBANK NSE: DCBBANK Short Term Quick Profit CMP 111.25 Target : 124.65 SL : 104 Timeframe < 45 Days Factors: Trend Following Inverted Head & Shoulder Pattern. Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
This stock showing breakout and sustain above 200 day's EMA. So soon we will get the level of 80 in FEDERALBNK. We can go long with stop loss at 57 or below 200 day's EMA. Possible trade: Buy FEDERALBNK @Above 62 Stop-loss - 57 Target - 80+
I will go LONG on FEDERALBNK because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 49 Target - 57 Stop loss - 47.5
Federal Bank Limited : Private Banking Company ( NSE:FEDERALBNK ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this...
Federal Bank Ltd: Private Banking Company ( NSE:FEDERALBNK ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for intraday traders. Target + Stop Loss: There is no target here. You keep the first target as much as the stoploss you put. And the stoploss will be the low/high of the candle that broke this pattern. Or...
Federal Bank is trading in a downtrend from long but currently, it entered into a triangle formation with a most probable upper side breakout. One can go long in FederalBnk Sep Fut above 52.10 keeping a strict stop loss at 50.30 which is a lower leg of a triangle breakout.
Note: This is for educational purpose only. There is an ascending triangle bullish breakout with high volume. RSI is above 70 which indicates bullish momentum but there is a possibility of consolidation/ side ways movement to RSI to cool off before the next up-move. The breach of previous swing low will act as Stop loss level.
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Buy FEDERALBNK at CMP (100+) and on dips upto 95 T1: 108 T2: 116 T3: 127 T4: 138 SL: 91
FEDERAL BANK BUY NSE:FEDERALBNK Trades on NSE with 6 times its average volumes for second consecutive day. BUY NSE:FEDERALBNK at 80.5 Target of 88 and Stop loss of 77 on closing basis