FEDERALBNK trade ideas
looking good for 92.xx keep an eye!Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
FEDERAL BANKFEDERAL BANK DAY CHART SHOWS A H&S FORMED WITH NECK LINE AT 79. ALSO, THIS IS MULTIPLE BOTTOM FOR IT.
ALSO, THERE IS A "W" SHAPE BEING FORMED.
BASED ON THESE TWO, ONE MAY CONSIDER GOING LONG IN THE SCRIP FOR A TARGET OF 96 IN THE COMING WEEKS.
STOP LOSS MAY BE PLACED AT THE NECK LINE.
LONG IS SUGGESTED AS THE Q2 RESULTS ARE GOOD FOR THIS BANK.
FEDERAL BANK LONGFEDERAL BANK 30 MIN CHART
BULLISH CANDLESTICK PATTERN FORMED AFTER TOUCHING THE TREND LINE
NICE R/R RATIO.
NSE:FEDERALBNK
Federal Bank Trend Analysis !!TREND ANALYSIS
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
Federal bank support & resistance levelsAny break of 79 with a daily close below 79 ; will lead to a heavy fall
Any break of 86 with a daily close above 86 ; will test 92
Lets hope there will not be a daily close below 79
NSE - FEDERAL BANK - LONGMoving Average Trender on daily chart has turned positive, weekly reversals has come through with strong support on 75-80 levels, First target is a 38% retracement level, after achieving it a positive rally can be seen till 96-100 levels.
Sell Federal Bank between 88.55 to 99.50 SL 92 Target 84, 81 or Sell Federal Bank between 88.55 to 99.50 SL 92 Target 84, 81 or below ... Positional View
BUY FEDERAL BANK @ CURRENT LEVELS . EXPECT 10 % IN 1 MONTHENTER @ CURRENT VALUES OF 87
EXPECTING MINIMUNM OF 92
AND A TARGET 2 OF 95
STOP LOSS IS 85
Federalbank made the abcd pettern.Federalbank has made the bearish AB=CD pettern, It may go down, and first target will be between 97 to 93.
FEDERALBNKAfter a consolidation phase, stock enters into a Safe Zone :)
I see a Long opportunity here. Can go long by entering at 89.5 with SL placed at 87.5 for targets towards 91/92.5
