Cup and handle is getting formed in Federal Bank. Entering the trade before the formation of handle as risk reward ratio is good. Final target is of 167.
Disclaimer: All my ideas are strictly for educational purpose. I am not responsible for your profit or loss. Pls do your analysis before entering into any trade.
Buy Federal Bank at 159 with sl 150 tgt 176
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand...
enter 130-135..... add 100 .. every 20 pts drop is an addition so manage positions accordingly.
No SL and positional pick. No short term targets defined.
Sector: Bank - Private
monthly chart shows strong uptrend n PA in monthly demand zone
weekly chart shows PA in demand zone which is resistance zone previously
daily chart shows accumulation @ bottom....
Technical Analysis for Federal Bank:
Stock Name: Federal Bank
Chart Pattern: Breakout of channel
Trade Duration: Swing trade for 1 month
Entry: Buy on current market price (CMP) at ₹164.7
Stop Loss: ₹10
Target: ₹20
Volume: Huge volumes and good closing on Friday
Federal Bank
Time frame - Monthly
Study - Inverted Head and Shoulder Pattern, Also good volume ticks seen on monthly chart.
Daily Chart - Breakout given above 128
Fundamentals - Maximum profit gained all time high
Buy Range - 110-120
Target - 200 ++
SL - 82
This chart is for only educational purpose
Federal Bank Finds Strong Support from Lower Trend Line and 50 EMA, Closes Above 52-Week High on High Volume
1. Strong Support Levels: Federal Bank is supported by the lower trend line and the 50 EMA, indicating a strong foundation for potential upward movement.
2. 52-Week High Breakout: The stock has closed above its 52-week high, signaling bullish momentum and...
Federal Bank has a great setup for a bullish move till around 160. Good volume and price setup. It might not be immediate, but within the current week (6 Feb to 9 Feb). My analysis won't be applicable if it falls below 144.
A lot of peer stocks, i.e. stocks in the banking sector, are also looking good. One name would be IDFC First Bank, though in comparison,...
Analysis:
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: ...
Federal Bank Strong Breakout for Long Term
Strong Breakout
Bullish
Awesome Volume
Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
federal bank formed harmonic cypher pattern at weekly and daily chart
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
What is resisting to fedbank for going up?
I am looking for big up move pending for this share as monthly chart activated flag pattern.
Strong support 120.
Target : OPEN
SL : 118
Risk is yours and Reward is too yours.
Time Frame : 1 to 3 years, or more than it for wealth creation
14.01.2024
already the stock has done head and shoulder breakout and
took support from 13 days EMA.
for swing trade 150 to 152 is the best place to consider as per the fib retracement golden ratio level 61.8% at daily time frame
for long term holder 148 to 145 is the best place to consider as per the fib retracement golden ratio level 61.8% at weekly time...
