FEDS trade ideas
Multi year breakout in Fed BankWe have observed breakout from symmetrical triangle pattern on the monthly chart of Federal Bank.
Also, it has taken support at the level where it has faced resistance previously. So it's a dynamic entry where we have multiple support with a short SL of 78 we can go long with this guy till 125. Having a good risk reward.
Thanks
Sagar
Breakout in Federal Bank...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Federal Bank - Bull ModeFederal Bank has been trading into the triangle channel pattern for the past 2 - 3 months and now it has broken the pattern. In the chart I have mentioned the entry, stop loss and targets.
Two ways that the stock can move up.
1)Stock can move with retracements
2)If the buyers are huge stock can move violently upwards.
caution - Trade with stop loss.
Happy trading !!!
Comment you views and doubts....
FEDERAL BANKFederal bank has given good breakout along with good intensity of volume in both daily and weekly time frames, all indicators are suggesting bullishness ahead,
one can go long in this stock along with key levels mentioned on chart.
key levels
breakout with volume in weekly
breakout with volume in daily
inverted head and shoulder breakout in daily
macd in weekly turned bullish
macd in daily positive uptick and above zero line
rsi in weekly above 60 and uptick
rsi in daily above 70
upper bbc in weekly
upper bbc in daily
dmi adx in weekly positive ungali setup
dmi adx in daily positive ungali setup
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
federal bankshare name : federal bank
prediction :
- share is forming head and shoulder pattern
on larger time frame - montly
- 110 is the huge resistance for the share b
- in past we can see a massive fall from 110
- if share fall again from 110 we can
see support around 67(right shoulder)
- we can initatite a buy around 67 with sl
of 60 max - targets 180 (max)
Federal Bank Breaking its 4 Year long resitanceFederal Bank is currently on the urge of breaking its Trendline ..
As we all know Bank nifty has just wake up so we and we are seeing a rally in private bank ( PSU banks have already rally ) so Technicaly that would be a task for Federal bank to breaks levels of 95 and consolidate . If after consolidation it gives a breakout it will be a nice buy
Targets 110- 120
Federal Bank Inverse Head and Shoulders BreakoutFederal bank gave bullish close above falling trend-line and breakout point was placed at 92.5
It has given breakout from Inverse head and shoulders pattern.
IH&S are most commonly found at bottom of downtrend they are reversal patterns.
Can enter long near 89-90 with Stop loss 70 for 149 target
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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Range bound Trading Federal Bank has a strong support at 78 and since April 21, when there was breakout above the FIB 78.6% level of 76, it hasn't ever retested it. However, the stock being in a short range of 10 bucks, will have to play by the day and on shorter timeframes.
Volumes are generally high in this counter and provides ample trading opportunities. I personally will go by the day on this counter.
Federal Bank - #RakJhun - Trendline breakoutFederal Bank is one of the Big Bull Rakesh Jhunjhunwala's big bets.
The stock has broken up above the downward trendline forming since March 2021, with a downward trendline formed since October 2017 very close above it.
Federal Bank is seeing some consolidation in this range before it makes the next leg up above the second trendline.
Federal Bank looking good touch 100rsfederal bank has been everyone's watch out for the pat 4 months since its been trying to cross the 90 support range, if HDFC crosses its support, then federal bank will cross the support as the big bank will move the bank nifty which eventually pushes the small bank to its top. have a watch on it.