FEDS trade ideas
Federal Bank Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 5 to 10 times.
Long Federal Bank above 89.5 target 98/105Triangle breakout and 200 DMA break out. need to check volume during the breakout...
Sell set up ( Pitcher in Pitcher) You can understand the larger view , the patterns are repeating itself ,the white color trend structure suggest they are repeating
they do not repeat 100 % like a like , but they will have similarity and those similarity can be read using proper method and practice
i am looking one more move down as per Red arrow mark
one can wait for short sell set up , or sell on 1 hour reversal candle low and trail your stop to book near the forecast
Federal Bank Trading Idea (Swing)If the price breaks the last fractal top, go long.
Enter using Stop Loss limit order with the given levels in chart. ( CNC )
This buy signal automatically cancelled if another UP fractal is formed.
Vice Versa for short.
FEDERALBNK - SHORT - broke the support zone and that may act as resistance
enter when it retest the earlier support / present resistance
target may be the new support as mentioned on the charts
#FederalBank looking good for long#FederalBank cash looking good for a short term long period for a target of 89.2/94. Price and volume action in last session looking good. RSI above 55. EFI and ADX also suggesting buy.
Federal Bank
Price has broken out of a upward Channel on the down side.
Made a double bottom outside the channel.
Stock can be bought at these levels with target of 98 and SL of 78
Risk Reward is 1:4 and returns can be around 19 Percent.
OI Analysis :-
Good Buildup on the put side.
OI has decreased by 5 percent in today session which indicates short covering.
looking good for 92.xx keep an eye!Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
FEDERAL BANKFEDERAL BANK DAY CHART SHOWS A H&S FORMED WITH NECK LINE AT 79. ALSO, THIS IS MULTIPLE BOTTOM FOR IT.
ALSO, THERE IS A "W" SHAPE BEING FORMED.
BASED ON THESE TWO, ONE MAY CONSIDER GOING LONG IN THE SCRIP FOR A TARGET OF 96 IN THE COMING WEEKS.
STOP LOSS MAY BE PLACED AT THE NECK LINE.
LONG IS SUGGESTED AS THE Q2 RESULTS ARE GOOD FOR THIS BANK.
FEDERAL BANK LONGFEDERAL BANK 30 MIN CHART
BULLISH CANDLESTICK PATTERN FORMED AFTER TOUCHING THE TREND LINE
NICE R/R RATIO.
NSE:FEDERALBNK
