FEDS trade ideas
Buy Federal bankBuy Federal Bank at current level. Hammer candlestick pattern formation at important support level. After that continues raise since 2 days and reached above 50days EMA level. MACD crossover below Zero confirms upward momentum.
Buy - 132.80
Target - 142.25
SL - 123.35
Risk reward ratio - 1:1
Federal Bank - Morning Star PatternFederal Bank - NSE
Morning Star Pattern
Federal bank has created a morning star pattern on its support level 124 to 125.
Might face some resistance around 133.
Next target seems to be around 136 / 139 / 142 levels.
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your capital.
I hope you found this idea helpful.
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Happy & Safe Trading
Federal Bank MonthPublishing herewith my idea about federal bank using monthly time frame
1. breached weekly 10 MA & 20 MA
2. Breached Monthly 5MA
3. near previous month opening
4. near previous week closing
5. 4 hr and day MA's, some upward MA closeup pending
price has support of yearly price line and monthly price line, near monthly resistance level
Federal Bank - Support and ResistanceThe analysis is done on daily TF hence
price may take few days to few weeks
in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for
educational purpose. Traders must
do their own study & follow risk
management before entering into any
trade.
Checkout my other ideas to understand
how one can earn from stock markets
with simple trade setups. Feel Free
to comment below this or connect
with me for any query or suggestion
regarding this stock or Price Action
Analysis.
Long FEDERALBNK - Move is ON..NSE:FEDERALBNK
✅ #FEDERALBNK - Trading above Resistance of 138
✅ Next Resistance is at 162
✅ Pattern as shown in chart
Related chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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 - Good weakly breakout🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.