FEDERAL BANK Analysis:
Federal Bank (FEDERALBNK) is showing strong bullish momentum on the 15-minute chart using Risological swing trader, setting up for a promising long trade with an entry at ₹195.22. Following a notable 7% surge in response to rising consolidated net profits in fiscal Q2, all eyes are on potential gains as the stock aims to reach its take-profit levels.
Technical Setup:
Take Profit (TP) Levels:
Market Sentiment:
The recent earnings report has driven significant buying interest, suggesting Federal Bank’s financial health is on the upswing. This strong performance could fuel continued upward momentum as the stock looks to reach each target level.
With volume still robust, traders are advised to monitor price action as the stock progresses through these levels.
Federal Bank (FEDERALBNK) is showing strong bullish momentum on the 15-minute chart using Risological swing trader, setting up for a promising long trade with an entry at ₹195.22. Following a notable 7% surge in response to rising consolidated net profits in fiscal Q2, all eyes are on potential gains as the stock aims to reach its take-profit levels.
Technical Setup:
- Entry: ₹195.22
- Stop Loss (SL): ₹188.61
Take Profit (TP) Levels:
- TP 1: ₹203.39
- TP 2: ₹216.61
- TP 3: ₹229.83
- TP 4: ₹238.00
Market Sentiment:
The recent earnings report has driven significant buying interest, suggesting Federal Bank’s financial health is on the upswing. This strong performance could fuel continued upward momentum as the stock looks to reach each target level.
With volume still robust, traders are advised to monitor price action as the stock progresses through these levels.
Note
TP1 done!
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- Accurate Entry, Stoploss and Take Profit levels
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- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
- Supercharge your trading with > Risological.com
- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
- 30-Day Money Back Guarantee!
- Accurate Entry, Stoploss and Take Profit levels
- NO Repaint
- Detects Sideways Market
- Limited time discount available. HURRY!
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.