Channel Breakout Although their is breakout but the candle is not long enough which shows indecision so we will wait for some kind of confirmation by Prem_Agrawal116
Long Position in Federal Bank (Intra and Positional)Almost breakout can be observerd. We can wait for confirmation once trend line is broken and pull back taking support where we can take entry i.e. @ nearly 42.75 Target can be 45.65. On a Daily Time Frame a Bullish Engulfing Pattern at down trend with high volumes from 2 days is also observed. RSI on daily chart is at 49.23 Need to be Cautious as results for Federal will be released today. Entry: 42.75 Intra Day Target: 45.65 Positional Target: 49.65 SL: Please adjust according to your risk appetite. I'm a beginner trader, any suggestions or correction of wrong analysis would be helpful. Longby Mandu0101
The Federal Bank Ltd. - BEARISHThe Federal Bank Ltd. Today closed at 39.30, the stock has given a downward breakdown (below 40) from the Inverted Flag pattern. Technical parameters look weak as of now. Time-Trend Indicator is bearish as well. Sentiments Buy 28 % Sell 72 % Derivative Option OI Maximum Call @50 (Resistance) Maximum Put @40 (Support) It is likely to see more breakdown if sustains below 40 level. We might see further weakness below 35.7. KEEP AN EYE ! #B-Shortby Garey_Singh6611
A TUTORIAL ON FEDERAL BANKPOINT A - it took 14 days to reach the peak of 47 point B - it took 32 trading hours Point C - it took more than 100 trading hours to take out the peak of A This means that the whole ABC are corrective waves and sooner or later 35.5 will be breached and can go lower conclusion - Do not invest in FEDERAL bank Disclaimer - my view , my elliott viewEducationby joel-vgUpdated 3
The Federal Bank Ltd. - ANALYSISThe Federal Bank Ltd. has formed an Inverted Flag pattern in the weekly chart. It is likely to see breakdown below swing low of 40 level. We might see further weakness below 35.7. Technical parameters look weak as of now. Keep a watch.Shortby Garey_Singh3313
FEDERALBNK CAN GO DOWN TO 40I THINK FEDERALBNK WILL GO DOWN TO 40 REGION OF SUPPORT AS TWOMOROW IS ITS EARNING DAY SO BETTER LOOK WHAT THEY HAVE GIVEN IN THEIR DATA BEFORE ENTERING BUT I THINK IT IS GOING TO BE NOT THAT GOOD BECAUSE OF CORONA PANDEMIC SO MOST PROBABLY IT WILL GO DOWN BUT STILL KEEP YOUR EYES ON THE TREND LINE SEE IF IT BREAKS OR NOT AND ON SUPPORT ZONE TOO TECHNICAL INDECATORS ARE BEARISH TOO AND YES USE THE VWAP IN 5MIN TIME FRAME TO JUDGE THE BREAK OUT IF THERE IS A BREAK OUT FROM THE TREND LINE YOU SHOULD NOT ENTER BEFORE VWAP CONFERMATION IN 5MIN TIME FRAME PLEASE TELL ME I THERE IS ANY MISTAKE I AM STILL LEARNINGShortby RoyRishu990
Federal Bank looks promisingFederal Bank looking good to advance on weekly and daily time frames. Volumes looking good as well.Longby Sukumaranam0
FEDERAL BANKBuy Above 48 for the target of 50/52. Reason for buy: 1). Previously Price gets rejected when it touches near by 47.75, this time can see a strong bullish candle. 2). Consecutive higher lows Longby Siva2018Updated 4
FEDERAL BANKBig bull's fav stock. Seen trading at huge volumes. What could be the reason?Longby Sunandamedi1
Can Federal Bank reach 52 tomorrow - Results tomorrow.Federal Bank may reach 52 for the following reasons 1) wave pattern target of wave v 2) it is 1:1 ratio of wave a from wave bby joel-vg222
FEDERAL BANK IN DANGERFederal bank is expected to go down impulsively as per wave counts Beware - results in 2 days - volatility expected Disclaimer - Trading is a game of probabilitiesShortby joel-vg1
Federal bank likely to reach 55.2Federal bank looks like an ABC corrective patternby joel-vgUpdated 2