FEDERALBNK trade ideas
Fed BankBuy-73-75
SL-69 Below Daily Closing Basis
Target-90-96-110
Time Frame - 2 To 3 Months
Accumulate At The Given Levels Only..
Don't Jump Before The Levels..
Federal bank - Triangle pattern breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
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)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
How to Identify the trend in the Stock? - EducationHi Guys,
Welcome to Thenali Views?
Today we are going to learn how to identify the trend?
What is Trend in the Market?
In layman language: Stock moves higher and higher its uptrend or Stock moves lower and lower in downtrend.
Then....
What is a Range Bound or Consolidation?
When the stock moves in a within range for period time its consolidation.
But you look at broader picture of the market, it's has 4 Stages....
Stage 1 : Accumulation:
This stage occurs after a decline in price and looks like a range market in a downtrend.
Its Look things for:
1. Occurs after the price fallen over a period of last 4 months to 5months or more in daily time frame.
2. It looks like a range market with support and resistance in a downtrend.
3. 200 days Moving Average looks flat.
4. The Price move back and forth around 200 days moving average.
Stage 2: Advancing:
After the price breaks out the accumulation phase, its move to advancing phase (an Uptrend)
In this Stage:
1. Its usually occurs after the price breaks out the accumulation phase.
2. Here its a important thing... the price forms Higher Highs and Higher Lows.
3. Short term MA (Ex. MA50 or MA20) is above MA200.
4. MA200 pointing higher and price of script is higher above MA200.
Stage 3: Distribution:
Distribution usually occur after advancing phase (Uptrend) and its look like a consolidation.
In this Stage:
1. Its usually occur when the price have risen over the past 6 months or more
2. Its looks like a long period of consolidation during uptrend
3. The 200MA tends to flatten out after price decline
4. The price tends to move back and forth around MA200.
Stage 4: Final Stage: Declining:
After the price breaks as result of distribution phase, its goes to declining stage ( Downtrend).
In this Stage:
1. It usually occurs after the price breaks the distribution zone.
2. Here its important...the price forms a series of Lower High and Lower Lows.
3. Short term MA (Ex. MA50 or MA20) are below long term MA (200MA)
4. MA200 is pointing lower and price below the MA200.
So Guys in this we have learned the stages of trend in the market.
In this chart we can analysis the trend.
FEDERAL BANK ABOUT TO BREAKOUTThere is a Long Term Trendline from 2017 and has made 3 attempts to break this TL. Once in March and there was a fake out in July and now I expect a breakout of this long term Trend Line.
Can go long on a breakout with volume and a retest with a Bullish followup Candle for the following targets.
T1-96
T2-108
FEDERAL_BANK..............................................................................
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Break of trend line in 15mins, support of 60% on 1 hr TFSimple price action showing the change in trend
FEDERAL BANKCUP AND HANDLE PATTERN IS ON THE WAY ..PATTERN WILL BE CONFIRMED IF IT GIVES BREAKOUT AND SUSTAINS..PRICE IS TRYING TO BRTEAK THAT RESISTANCE LEVEL...STRONG MOMENTUM IS VISIBLE..FOR LEARNERS..GOOD STUFF TO OBERVE
FEDERAL BANK LONG FEDERAL BANK LONG TERM PATTERN
ENTRY AROUND 85 TO 88
TARGET 110 AND ABOVE
TIME PERIOD 2 TO 4 MONTHS
SL 76
Swing Trade 13 July 2021 (Paper Trade)BFSI is Underperforming sector.
Daily TF Cup and Handle Formation with Volume Expansion.
D and W RSI supportive
MA In trend.
Info
Federal Bank Limited is a major Indian commercial bank in the Private Sector, headquartered in Aluva, Kochi. The bank has more than 1,200 branches spread across different states in India
FEDERALBNKStock has given breakout from cup and handle pattern. Buy above 91 TGT 8 to 10% SL 84. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Federal Bank multiyear trendline breakoutA weekly close above this trendline might open further upside.
Federal Bank triangle pattern breakoutAdd in you watch list, federal bank triangle breakout and resistance breakout. Support and resistance mentioned.
Buy FED BANKAccording to chart anylasis its trade in parallel channel after give a solid breakout With increasing volume upper trandline and today also closed above tradeline. We can suggest for buying at this level.
Buy @cmp 90 or above.
Target : 95,100, 110++ short term target.
Federal Bank - Breakout- Cup & Handle PatternPositional Trade: Federal Bank Breaks out of a cup and handle pattern.
CMP: 90
Target 1: 100
Target 2: 105
Stop Loss: 85
