FEDERALBNK trade ideas
!!!-_-!!! Federal Bank - LONGI feel there is a high chance of FEDERAL Bank going to the 60 levels....
The dotted lines are like humps on the road sooo just be extra careful when near them...
These are just my views not recommendations... ;)
Federal BankIn my personel view Price Increase on high volume .
Might come back and touch 36 but 36 is a solid level on charts.
Ideal entry level will be as close as possible to 36 .
I think once Euphoria is finish stock will give good entry point as I see a possibility of CUP AND HANDLE PATTERN on lower time frame in making.
This is my personel opinion and not a investing advice .
#federalbank - Next #YESBANK in the making Monthly chart forming BIG head & shoulder
smaller timeframes on daily chart possible bearish bat forming, just like other bank charts I have done today same double bottom pattern forming
Federal Bank is approaching LOC Will the multi year Trend line be respected this time?
Any monthly closing below 34 -35 might take the price down to the hole.
Federal Bank - Bearish Bias - Can Short at current levelsFederal Bank - Bearish Bias - Can Short at current levels
FEDERALBNK LOOKING BEARISH ABCDDISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
LOOKING BULLISH WAITING FOR PRZAs a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
Stock: FederalBnkStock: FederalBnk
Near to Demand Zone & Trendline Support
Projectioned showed with green dotted arrow
will go above 87 due to maruthi news buy todaybuy for the gain of 15 to 20 Rs in 2 to 3 months. mAruti news is positive and other negatives are factored in. So buy for 20 percent gains,
Maruti Suzuki ties-up with Federal Bank for dealer and retail car financing
India, Dec. 12 -- Federal Bank has teamed up with Maruti Suzuki to provide dealer finance and auto retail finance to customers. The tie-up will offer comprehensive loan access facilities to Maruti dealers as well as customers. Earlier, in August 2019, Maruti had partnered with Federal Bank for dealer inventory funding.
Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.
Federal Bank - BUY - Short TermHi
Federal bank seems a good buy above 85.30, with a SL of 82.10 and target around 92/95/99.
MACD is positive also its showing divergence.
RSI is just a tad above 50.
RR ration is around 1:2/1:3
So can buy with this small SL and small quantity.
Federal Bank Double Bottom W PatternClassic double bottom pattern clearly visible on daily chart with a W shape. T1 should be the 200 DMA at around 92ish and T2 post breakout of 200 DMA would be around 108 to 110
