FEDERALBNK trade ideas
Federal bank : Inverted H&S Breakout+Doji starScrip after company showing good Q2 results and beating estimates, has managed to see breakout with good volume but bullish surge confirmation is yet awaited as Doji star has appeared on top of the bullish engulfing candlestick
Doji star indicate neutrality in price and indecision amongst traders and can be said to be sign for trend reversal so waiting for confirmation here could be quite necessary
Planning to Enter above 127-129 for aiming for price target and beyond as defined in charts
www.moneycontrol.com
Going as anticipated.. :)
Federal bank uptrendFederal bank is coming out of long consolidation ans showing signs of bullishness. The stock has retraced up-to 38.2% and moved up.
One can long at 116 level with SL at 112 for a target of 137 which is 23% extension of the current trend.
CONFUSION !Red section suggests INVERSE HEAD and SHOULDERS implying an increase in price ! But the PURPLE one suggests a decrease should be on cards tomorrow. What do you peeps say ? I say it will decrease because expiry is coming and people will try to book profits !
I need inputs. new to PAT !
Federal BankOn daily Chart, Stock has managed to close above strong Supply Zone, It has also given Breakout on H&S Pattern.
Buy at CMP and Dip till 121
SL 115
Target 130/136/144
fedbank- head and shoulder continuation pattern very strong continuation pattern
can buy for 140 level and more
Federal Bank... Result out. Hurdle at 123. Federal Bank... Result out. Hurdle at 123.
Break and close above 123 will take to
128---132+++ mark in days to come
Support and stop loss below 116.00 on closing basis.Federal Bank -
(very strong results + asset quality improves)
Net Profit at Rs 263.7 cr Vs Poll of Rs 251.6 cr
NII at Rs 899 cr Vs 861.10 cr
Impact : Positive
Federal Bank short term viewBandbollinger forms a narrow range in weekly chart and Macd lines might cut on coming week. In daily chart ADX,RSI are positive. These indicators may help to break the triangle pattern.
From the trend lines(not shown in the graph) targets are
122.3
124.18
126.05
126.5
127.8
129.47
130.45
Stoploss :114.5
Vijay,
Inditrade,Kovilpatti
Federal - Moving towards the upper boundNSE:FEDERALBNK federal bank has started moving back to its upper bound
The stock is also moving towards builing a bullish triangular pattern. Once the top (121.5) is broken stock will go for breakout
Buy Federal Bank above 114
Target 119 and above
SL 111.30
EW analysis of Federal Bank in longer time frame.EW analysis shows it is in wave in longer time frame. Currently sub wave 5 of sub wave (3) of wave is going on here.
probable target for sub wave 5 comes around 140-150 levels.
long term tgts derived from fib projections are here,
FEDERALBANK towards a boomNSE:FEDERALBNK is ready to break its bullish triangular pattern resuming its long stalled bullish trend
Buy above 122
Target 127
SL 119.70
Federal Bank Long + Theta decay1 can long above 117.75 with SL 115.4 and target of 122.40
Theta Decay
one can sell 125 CE at 0.3
one can sell 110 PE at 0.4
Max profit 7700 if Federal Bank stays between 110-125
Please consult your financial adviser before execute trades
federal bank is strong hold your position with stoploss of 105slowly selling pressure is decreaasing, it is good chart on daily weekly and monthly
federal bank showing signs of recovery. keep watch.if it crosses 110.75 you can see 115 . price may chhop arouund here as it is near 50 day moving average,big bar cross ove will give bullish signal
federal bank looks bearish in short to medium termIn daily, first it broke the horizontal support, then moved up to touch the broken support, now acted as a resistance, and price moving down, after touching the horizontal resistance and trend line resistance.
sl - 113, 1st tgt - 103.
after a long consolidation, BB expansion and BB is moving down.
Note: this is not a fno call, I am sharing my view only.
FEDERAL BANK TRADE IDEAI expect the stock to fall till the buy zone and then set off to the target zone. Buy near the buy zone with the Stop Loss mentioned and ride till the target zone.
Federal Bank Great Demand Zone, But Only If.. ;-)
Note :-RSI Divergence is suggested before entering.
Federal Bank Long SetupStock has taken support and bounced back. Closing basis 100 acts as support. May test 115-125.
