FEDS trade ideas
ALL TIME HIGH FEDBANKTHE stock is now trading at all time high at dtf if it closes above 133 price or above we can initiate a long swing trade in it.
NSE:FEDERALBNK
Federal Bank Analysis This is more like looking at charts and trying to find out patterns
whom can this help
Investors - what should be there SL in Federal Bank - exit at 66 and re-enter at 41
Technical Analyst - one more analysis - always good to see perspectives :) isn't it
Traders - Not exactly - but they may want to set an Alert for Monthly closing below 66 or above 87 for major moves
Hypothesis
Looking at charts, it seems there is a strong magnetic support/resistance at 40.5 price. It acted like resistance for months, acted like a consolidation zone, acted like a price rotation zone where weak buyers were taken off, After a breakout re-testing of this zone...and again in this pandemic, it came in to play as a strong support zone.
You name it- this price point have gone through all that we could think. So its an important price point for federal bank
Before the pandemic started - the Bank was in a nice slow bullish run forming HH and LH's. Pandemic stuck - it fell like others and now in an interesting zone
Here the price can consolidate for a while or breakout or break-down - Depending on other factors that no one knows. What we can safely infer is - if its breakout of this zone this will test the previous HL and if it breakdowns will test our magnetic price point of 40.5
at the end - this is a hypothesis, and in certain conditions becomes true and in certain conditions becomes false. So watch out for conditions
Happy Trading
MSK
Bullish all time high@Alltimehigh
@Bullish
@breakout
@Bullish
@RelativeStrength@Breakoutl time high
Bullish
@breakout
@Bullish
@alltimehigh
Federal Bank breakout and friends also buyingBuy with target of 150 175 200
Very strong fundamental and very good results also
FEDERALBNK - Long Setup, Move is ON..NSE:FEDERALBNK
✅ #FEDERALBNK gave a breakout entry at 107 as shown in chart
✅ It is now trading above Resistance of 126
✅ Next Resistance is at 138
Here is previous 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
FEDERALBNK - Ichimoku Bullish Breakout Stock Name - The Federal Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 133
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
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Time to buy?Weekend Study No. 3 #FEDERALBNK
Stock is in uptrend and gave major break out around 110 levels which would now act as a great support. 110-130 is the range. May consolidate on this range for a few days before giving a major break out for Target of 200 & much more. Keep in watchlist!
Federal bank getting ready to take offFederal bank has made a high of 124.65 and had been consolidating for many trading sessions. If this crosses the resistance of 124.65, this would give a good upmove.
The same holds true in the weekly and monthly perspectives too..
Don’t miss this trade..
Technique used - simple horizontal resistance
Breakout in Federal BankClear W Pattern Breakout seen alongwith strong breakout of Trendline.
Strong RSI.
This is only for Educational purpose. No any Buy/Sell Recommendation.
Bank on success with Federal BankSince the October of 2017 when the share price of Federal Bank reached 127+ we are yet to see the heady days of all time highs here... the share price had found the 0.786 fib level a difficulty to cross in two previous occasions.... once again, during midweek it has launched an offensive and is trading above the 108 share price (rounding off from 107.90) The view is that as long as 107.90 is not breached on a weekly closing basis we are set to go higher in this counter... with the RBI monetary policy announcement being imminent and the week just starting one needs to make judgement whether to dive in or stay dry.
PREVIOUS ALL TIME HIGHSThe stock trading at its previous years all time highs of october 2017
On weekly time frame WTF
If the stock break its levels of 128 at closes it above on WTF
then we have to wait for some consolidation on that level and breakout
then there was a good entry point in this stock
ALWAYS FOLLOW YOUR TRADING & R:R RATIO
HAPPY TRADING NSE:FEDERALBNK
Federal Bank- Head & Shoulders Chart Pattern Breakout.Federal Bank- Head & Shoulders Chart Pattern Breakout Weekly Time Frame. Entry Zone-102/115 Expect a Target-170/180 Stop Loss-82.Only Education Purpose.
Federal Bank breakoutFederal Bank given a breakout on daily charts
It has achieved 52 wk high today of 114.4
119 immediate target
SL 105.8
All set for huge returns!Stock looks super hot for coming days as long as holding 104-105 zone on Weekly Closing Basis. 125 is the area to watch out for. Once that's taken away, it can be a 2X in no time. Would love a dip here! :-)
Watch Out on FEDERAL Bank!FEDBANK is at its important resistance, watch out at this level of 110-112, if it gets broken it has the potential to give another 15-18%, add this to your watchlist
Inverted head And shoulder In Federal Bank Target For Federal Bank Is 168 Sl 100 Buy For Long term Inverted Head & Shoulrd Breakout
#FEDERALBNKStock has given breakout from its resistance of 104 after long consolidation.. can be accumulated with SL 100 for ATH breakout above 121 for Target 180/240
FEDERAL BANK: Very Bullish!Broke & closed above 200MA, very bullish as of now. An Inv. H&S BO also seen. May revolve around that slant TL & see 100+ in July series. Would face resistance around upper TL.
Short Term pick This scrip has been choosen for short term pick as it had given trendline breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
