FEDS trade ideas
FederalBank Multi Breakouts.The stock has constructed Flag on Daily as well as for 15 min TF giving opportunity for Intraday as well as positional trade. Fib Reatracement for downside wave is almost reatraced by more than 61.8 % showing potential upside.
Federal BankHit resistance around 200EMA and channel top. If it can cross 86 it will give a good move upwards. Until then #watchlist
Ps: There seems to be some action coming in smaller private banks overall
Federal Bank short term viewRefer chart. Indicators are showing bullish signals.
Vijayaraghavan.K
Kovilpatti.
Trading in tight range and expected to break outThe trading range is closing out... and soon a break out of bear could happen..Pls give your constructive feedback on my analysis..TQ
SEE THE MAGIC BREAK OUT TOMORROWlooks like a contracting triangle which will break out tommorrow
Which side - Kindly share your views
DIAGONAL PATTERN SPOTTED IN FEDERAL BANKAs shown in the chart - a diagonal pattern is spotted in the chart
can be part of wave A
Now as part of wave B - we can see an upmove to around 85
Let us see how the next wave unfolds !!
All critics / sharing of ideas welcome
FEDERALBNK: BUY at 80.50 Target of 88 Stop loss of 77FEDERAL BANK BUY NSE:FEDERALBNK Trades on NSE with 6 times its average volumes for second consecutive day.
BUY NSE:FEDERALBNK at 80.5 Target of 88 and Stop loss of 77 on closing basis
FEDERALBANK possible breakout :)Buy above 82 with SL 79.75 consider Target 90.05
Follow strict stop loss :)
Short on Federal bankAbout to break the upper trend-line and short will get initiate after the breakout.
Trade:
Short zone - 79.15 to 79.00 with the SL of 80.20
Target levels - 78.45 / 77.70 / 76.80
Long Federal BankIchimoku Cloud also Supports the uptrend.
1. T-K Cross happened below the cloud.- Slightly bullish.
2. Current Price is within the cloud-
3. Chikou Span is above the Price in the Past 26 days.
Expecting the price to be above the cloud this week end for the target 90.
Federal bank - Buy - bounced right off gann levelsFederal looks like bottomed. Looks like a fresh uptrend. Buy here and on dips
Federal bank - Buy - bounced right off gann levelsFederal looks like bottomed. Looks like a fresh uptrend. Buy here and on dips
