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We can go long on Federal bank above 96 as per trend line.
Federal Bank trading near trendline.
This Pattern has not been formed yet. Once it completes the right shoulder, it should start moving up.
Federal bank has imbalance in the favour of Buyers. Expect Price to hit 97/108 to complete the N Wave Structure. CMP 91.35
FEDRALBANK THIS STOCK WAS SLIGHTLY UP TREND NEXT WEEK TARGET RS.96.5 SL 81.5
some random thoughts.....
Federal Bank-Elliot Wave
Shorted Fed @ 88.50 probably will touch 84 in next 7 days
Sold Federal Bank for 84
Buy at 78
SL at 73
Target Price - 85
Federal looks like bottomed. Looks like a fresh uptrend. Buy here and on dips
with sl of 79 cmp 81.65 one can go long for 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
Keep buying on dips, please see the text on the chart
Federalbank. Go long. CnH. Need to BO with volume. 2-3 yrs time frame for target of 2 times.
If Breaks down below 75 pattern is invalid. SL-75 on closing basis