FEDA trade ideas
Federal BankOn daily Chart, Stock has managed to close above strong Supply Zone, It has also given Breakout on H&S Pattern.
Buy at CMP and Dip till 121
SL 115
Target 130/136/144
fedbank- head and shoulder continuation pattern very strong continuation pattern
can buy for 140 level and more
Federal Bank... Result out. Hurdle at 123. Federal Bank... Result out. Hurdle at 123.
Break and close above 123 will take to
128---132+++ mark in days to come
Support and stop loss below 116.00 on closing basis.Federal Bank -
(very strong results + asset quality improves)
Net Profit at Rs 263.7 cr Vs Poll of Rs 251.6 cr
NII at Rs 899 cr Vs 861.10 cr
Impact : Positive
Federal Bank short term viewBandbollinger forms a narrow range in weekly chart and Macd lines might cut on coming week. In daily chart ADX,RSI are positive. These indicators may help to break the triangle pattern.
From the trend lines(not shown in the graph) targets are
122.3
124.18
126.05
126.5
127.8
129.47
130.45
Stoploss :114.5
Vijay,
Inditrade,Kovilpatti
Federal - Moving towards the upper boundNSE:FEDERALBNK federal bank has started moving back to its upper bound
The stock is also moving towards builing a bullish triangular pattern. Once the top (121.5) is broken stock will go for breakout
Buy Federal Bank above 114
Target 119 and above
SL 111.30
EW analysis of Federal Bank in longer time frame.EW analysis shows it is in wave in longer time frame. Currently sub wave 5 of sub wave (3) of wave is going on here.
probable target for sub wave 5 comes around 140-150 levels.
long term tgts derived from fib projections are here,
FEDERALBANK towards a boomNSE:FEDERALBNK is ready to break its bullish triangular pattern resuming its long stalled bullish trend
Buy above 122
Target 127
SL 119.70
Federal Bank Long + Theta decay1 can long above 117.75 with SL 115.4 and target of 122.40
Theta Decay
one can sell 125 CE at 0.3
one can sell 110 PE at 0.4
Max profit 7700 if Federal Bank stays between 110-125
Please consult your financial adviser before execute trades
federal bank is strong hold your position with stoploss of 105slowly selling pressure is decreaasing, it is good chart on daily weekly and monthly
federal bank showing signs of recovery. keep watch.if it crosses 110.75 you can see 115 . price may chhop arouund here as it is near 50 day moving average,big bar cross ove will give bullish signal
federal bank looks bearish in short to medium termIn daily, first it broke the horizontal support, then moved up to touch the broken support, now acted as a resistance, and price moving down, after touching the horizontal resistance and trend line resistance.
sl - 113, 1st tgt - 103.
after a long consolidation, BB expansion and BB is moving down.
Note: this is not a fno call, I am sharing my view only.
FEDERAL BANK TRADE IDEAI expect the stock to fall till the buy zone and then set off to the target zone. Buy near the buy zone with the Stop Loss mentioned and ride till the target zone.
Federal Bank Great Demand Zone, But Only If.. ;-)
Note :-RSI Divergence is suggested before entering.
Federal Bank Long SetupStock has taken support and bounced back. Closing basis 100 acts as support. May test 115-125.
FedBank: The Bear FlagPattern---- Bear Flag
Zone of interest ---- 116/117 short setup
Target --- 113/114
Stop --- As per risk appetite
Hit like if this information is useful.
Trade safe
Regards
Bravetotrade
FEDERAL BANK Possible Completion of Inverted H&S TomorrowFEDERAL BANK may complete inverted H&S tomorrow. Price action sustaining above 114.85 will confirm upward move towards 117.2 with some resistance at 116.
Enter above 114.85 with SL 114 and targets as 116 and 117.2.
All on charts.
Federal bank : Rebound with inverted hammerThe scrip can be seen to rebound back from crucial levels by inverted hammer as it could have breakdown by bears taking control if gone below from rising wedge
Chances of bullish reversal due to:
1) %william near oversold situation and showing upward trend
2) Good fundamentals and recent show of results -
www.indiainfoline.com
After breakout confirmation, Bullish run expected beyond 52-week high Resistance (C)
Trade can be started after it crosses 116
Support can be taken as per chart
Note: RBI expected announcement on RBI repo rate cut could also turn favorable in the bullish surge of the scrip, in its bi-monthly policy on August 2
Call - 25-40 days
Possible trade set up on daily Chart Federal Bank I am looking for one more up side and tag the upper level of 122 , if price fails to hold the Current low and brakes the 111 can lead to tag 102
But i am not interested in sell side which is short lived , I am looking for upper level where the brake of 122 can have another swing high for 130+
so lets see what happens on Monday
Regards
