FEDERALBNK trade ideas
Federal bankSl - 68
#Cleanandclearcharts
Banking sector can lead this rally, so having some banking stocks in portfolio will help in diversification.
Post your queries in comment section.
Volume Confirmation + BreakoutFederal Bank :
Buy : 58.05
StopLoss : 57.45 (top of the wick in the ascending zone)
Target : 70
Federal Bank - buy Target - 96.8As bank nifty is in up trend we can predict this stock will perform the same way. So federal bank stock will go up next week and the Target will be 96.5.
Fed bank Looking Bearish
All the key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Ascending triangleIt will bounce along the triangle for a while and eventually breakout out of the trendline. Buy at the support.
RESISTANCE BREAKOUT IN FEDERAL BANKBUY FEDERALBANK ABOVE 88.20 TGT 89.20 SL 86.20
ONE CAN TAKE BTST IF TRIGGERED NOW WITH GIVEN SL
Federal Bank from 7 August 2020Federal bank is showing good sign of coming out of retracement to possible upside, candle closing important
BUY: - 54 - 55.35
Targets:- 57 - 60 - 62
MFI increasing -> buy when above 50 mfi
Trading setups :
1. Best would be monthly income strategy
Sell 50PE + Buy 48PE (hedge) giving 9 % percent return monthly ---> or else ( Buy 40PE ) can also be used as hedge
2. intraday setup given already
Federal Bank- CMP 75.65Federal Bank- CMP 75.65- Chart indicates break out in ascending channel with huge volumes. This is positive sign for stock and can go up to 80 easily then after some pause it can go further to 85, 90, 96, 108 with a stop loss of 71. This is purely for educational purpose and shall be traded after consulting financial expert.
