FEDERALBNK buy setupBuy FEDERALBNK at CMP (100+) and on dips upto 95
T1: 108
T2: 116
T3: 127
T4: 138
SL: 91
FEDERALBNK trade ideas
Federal Bank Q4 BetStock is trading above 97 100 is strong resistance above it can move to 105, 110, 115++
SL 90
Long Federal Bank @ 100.6 ...Trgt 105/107 SL 97.5Breakout since long time
Long Federal Bank @ 100.6 ...Trgt 105/107 SL 97.5
Fed Bank Cup Flag Cup Flag Bullish PatternFederal Bank hits record high on strong Q4 results target 100 -115 above
Raising WedgeFederal Bank seems to be having a Raising wedge which means it can fall in the future. But Overall trend of the market might be a trend reversal one from bear to bull. Need to wait and watch.
Not Sure on the fundamentals of Banks (Outside my Circle of Competence as of now).
Long Federal BankThe stock has formed an inverse head and shoulder pattern. One can think of going long the risk reward ratio is also good. The stock is consolidating so one can think of going long post a breakout.
FEDBABNK ContinuationAfter a retest at the neckline the stock is gradually moving to its tgt of 110-115. Keep stops if closes below the red neckline
Inverted Head and Shoulder pattern is forming in Federal Bank This Pattern has not been formed yet. Once it completes the right shoulder, it should start moving up.
Shortterm Idea : Federal Bank LongFederal bank has imbalance in the favour of Buyers. Expect Price to hit 97/108 to complete the N Wave Structure. CMP 91.35
FEDERAL BANK - Likely to drop to 88-86 level before next uomove.FEDERAL BANK could drop to 88 - 86 level in coming days if fail to close above 94.5 .
Looks 1st Leg of Impulse move from 78.2 is coming to an end.
If fail to move past 94.5 , will drop to 88 - 86 FR levels and likely to
consolidate over a period of 9-10 days before next Upmove which will take the
scrip to 102 level .
BSE:FEDERALBNK
Note: I am not a Qualified Technical analyst. Please do your own analysis before taking any Investment decisions.
