Missed the bus.. however a good breakout and should sustain the momentum...
looking good for break out........................................................
Federal Bank has given a triangle pattern breakout with volume confirmation this week on weekly charts which indicates strong positive sentiments for medium and to long terms The momentum and technical indicators all point to the possibility of prices moving higher to 110 level . Stop loss should be maintained at 85 levels
Federal Bank after consolidating for a long time broke the previous high of 91. Currently, at 93 will retracing and will bounce back again from 91 levels. You can add at this level as well or keep wait for reversal from 91 level. CMP :- 93 Target :- 127.8 SL :- 80 R:R :- 1:3
Price has broken out of the multi-year descending trend line, both 21 ema and 50 ema have crossed over the 200 ema. Volume is increasing, it is above average.
HI , the day and weekly chart of federal bank seems to be breakout with a bullish harami candle 1st target will be 110 and 2nd target 128. BSE:FEDERALBNK
We 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
1. Stock has handsomely broken the symmetrical triangle pattern 2. The horizontal line is the very near resistance 3. It may retest, but any weekly closing below the downward trendline will be weak Just shared my interpretation of charts, not any recommendation
Federal Bank 92 has given a good breakout and could be considered for target 120 with support 88. PLEASE ALSO REFER OUR ENCLOSED EARLIER POSTINGS.
FERERALBNK looking good for swing trading, There is a trand link breakout, buy ckm 93, target 124 sl 75
Federal bank has broke out of the triangle formation in weekly time frame ; MACD Reversal seen in weekly chart . It already broke out of its Channel Resistance at 90.6 . Next targets are 110 and 124 respectively.
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 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...
Federal 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...
share 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 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 has made breakout with good volumes, looks good to go long.
Federal Bank, Weekly Resistance Breakout. Expecting a bullish move in upcoming days. It's for educational purpose only, please do your own analysis before investing.