FEDERAL BANK RETESTING ITS ALL TIME HIGHFederal bank crossed all time high 17 oct 22. this time its retest on same place make big elephant candle on weekly time frame supported by gud volume.also on .38 fib retracement.
FEDERALBNK trade ideas
FEDERAL BANK LONG SWING TRADE | 10% UPSIDE POTENTIAL I am bullish on banking sector.
FEDERAL BANK looks interesting.
The price reached the daily support area around 125 and firstly, gave a BEAR TRAP and then formed MORNING STAR CANDLESTICK PATTERN. Both of these are bullish signals.
Expecting price to rise till:
1. 131
2.136
3.140
Stop loss can be below 124.
Let me know in comments section if you want me to analyse any other stock/crypto/forex pair/commodity.
Federal BankHello & Welcome to this analysis
It completed an Elliott 5 waves from May 2022 lows to Jan 2023 high.
Post that Wave A till Feb 2023 lows followed by a Wave B till this week's high.
Today's reversal appears to be Wave C down that could probably take it to 115-110 where it appears to have a support based on the consolidation it has had in that area in the past.
Immediate support now at 124 while immediate resistance at 134.
FEDERAL BANK <MY TRADING VIEW 👀👀FEDERAL BANK <MY TRADING VIEW 👀👀
JACKPOT trad for long term view 🎁🎁🎁
break this box to big move
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I am not sebi registered , Please do your own research before investing
Jan 20
Comment: It Bounced again from said levels of 340 to 400 levels. Cheers!!
Federal BankFederal bank breaking out of box.
If good close today then a buy on Monday.
Target 122+ to 132+
The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 13% from 50DMA and 200DMA.
It has recently broken out of a base in its weekly chart and is trading around 3% from the pivot point
