FEDERALBNK trade ideas
FEDERAL BANK - Likely to drop to 88-86 level before next uomove.FEDERAL BANK could drop to 88 - 86 level in coming days if fail to close above 94.5 .
Looks 1st Leg of Impulse move from 78.2 is coming to an end.
If fail to move past 94.5 , will drop to 88 - 86 FR levels and likely to
consolidate over a period of 9-10 days before next Upmove which will take the
scrip to 102 level .
BSE:FEDERALBNK
Note: I am not a Qualified Technical analyst. Please do your own analysis before taking any Investment decisions.
long fed bankas per price and time symmetry in next 4 weeks 107-111 price band is seems coming.with a stop loss below 86.20 spot.
FEDERALBN BUY to continue as per the LongBuyLongSellIndicatorFor me LongBuyLongSellIndicator auto script has matched very perfectly with Federal Bank price move .
From July to till today this is the one indicator which has predicted right BUY and Right Short entry and the exit too.
In the recent bull rally price is moving excellently up and i see the price trend will continue further up 20Rs easily we can get from the current price is what i could infer from the chart.
Long Means Blue candle and BackGround Green
Short Means Black candle and BackGround Red
FEDERAL BANK FEDERAL BANK Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.https://www.tradingview.com/script/lqS4a5pU-Blue-Sky-Plus-Day-Positional-No-Repaint-with-Alerts/
FEDERAL BANKBuy above the yellow line for green lines as targets and red as stoploss.
To know more about Monk strategy feel free to dm me on the link shared in my profile.
All the best!
FEDERAL BANK , Fibonacci Retracement levelsI would greatly appreciate , if you give me LIKE .
Follow NEVADA TRADING
Idea is for positional trading not Intraday trading.
Can Federal bank go below 67 ? An elliott wave perspective !Federal bank recently gave an up-move from 67 to 97 (more than 45 % up move in a short duration of 3 month )
Congratulations to all those who analysed and traded well
Every trader has strengths and weakness.
“You have to learn the rules of the game. And then you have to play better than anyone else ”-albert einstein
Now coming to the analysis ,
The up-move looks to me as an ABC correction unless the market proves otherwise
However , Federal bank is presently @ a demand zone where some consolidation can take place
But who knows, that may change…
Waiting for the critical comments from esteemed users
FEDERAL BANK SHORT TERM UPDATE- JAN-2019FEDERAL BANK SHORT TERM UPDATE- JAN-2019
BUY AT 82.50 AND DIP 78.50...HOLD TILL 100+
[Intraday] Federal Bank Double Inside BarDouble Inside bar
Long above 90.80, SL PDL
Short below 88.40, SL PDH
