Just a Query ? Can in be a Head and shoulder pattern in making
Federal bank is at the final descent details explained in the chart
FEDERAL BANK IS IN THE FINAL DESCENT it can be bought in multiple entry levels between 70 to 75 keep a stop loss of 60 target 140 in another 2 years
FEDERAL BANK SUPPORT AND RESISTANCE UPDATED!
i dont find the stock amazing thusfeel it will remain rangebound and one can enter if it close above 120 levels onlyyyyyy
Federal Bank in a 4th wave pullback so can be added to the portfolio at levels closer to 102/100 for short term targets 135-155.
Federal Bank Limited (NSE: FEDERALBNK) has already triggered Bearish Move as per TTC Breakout Formation . The Critical Make-Or-Break Zone was at around 119 . It has been broken decisively (on 1-hour closing basis), and we may see sellers gaining control over the buyers. For Short-term targets, Trader should eye on 116.70 Zone . Then 113.50 are the next...
Federalbank in a pullback for wave 4.
Stock exhibiting signs of resuming uptrend. Nice correction and bounce off 50-EMA. A reversal sign crops up in the daily three-line break chart (not shown here). Am waiting for a buy signal in MACD to buy this stock.