Stock looks for Swing trading with good volume and price action. RSI intersection seen at upper levels.
Triangle breakout Will it reach 100 + lets see
Accumulation area marked for investment. Fibo levels are shown in chart
After a multi bagger return in short term Fcl looks good for a good upmove Above 381 Sl 360 Tgt 400 412 441 Ask your financial advisor before taking any action based on my view Only for educational purposes
Fineotex chemicals, a strong breakout stock. Breached its immediate resistance on daily charts, supported by higher buying volume. Keep it on your radar. #Fineotex chemicals # chemical stock #Breakout Stock # Bullish
hey guys , FINEOTAX CHEMICAL stock is in great uptrend this stock has recently crossed it's ALL TIME HIGH and given a great green candle . Also the VOLUME is also very high . The 20 day ema is above the 50 day ema , and this stock is very away from 200 day ema in a UPWARD direction. i have marked the RR RATIO for you try to trade according to that....
FCL - Smoothed rounding bottom breakout here Target - 30% SL - 21 ema or 8%
I will exit at 260 levels Tomorrow will buy around 238 levels 50 % only. Reason for 50% buy Pivot is 236. Current price is 245 9EMA is 201. So expecting some retrace. Reason for sell. 266 is IPO high.
FCL FINEOTEX CHEMICAL NSE is bullish if 228 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend. Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
Finotex Chemical Need to close and open above 235 for a setup. Fineotex Chemical has an operating revenue of Rs. 368.23 Cr. on a trailing 12-month basis. An annual revenue growth of 58% is outstanding, Pre-tax margin of 20% is great, ROE of 21% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth...
After touching a recent of 235 stock retraced to 193 levels and now finding support at that level and started bouncing back. Stock is fundamentally a strong specialtiy chemicals company and if the trend continues and volumes picking up we can see fresh highs in the coming days. Now at 208 stock targets 251 with a stoploss at 185 levels. A risk reward ratio of 2:1
Entry = 148.20 to 150.00 Stoploss = 141.45 Target 1 = 154.90 Target 2 = 163.15
Fineotex chemical- breakout ~overall an uptrend ~was in a short term downtrend initially ~after respecting major supply zones, today finally gave a Breakout ~increased volume (Only for educational purposes) #thepowerhouseideas #swingtrade #learning #swing
FCL NSE FINEOTEX CHEMICAL is Bullish if 142 holds. New 52WeekHigh. Fresh Breakout. Positive Trend. **** Educational purpose only. Not Buy/Sell Recommendations.
There is a descending triangle pattern which was formed in a time-span of last 30-45 days. The possibility of the stock to go down is higher than the chance of break out. EMA Indicator shows a neutral-reversal trend. BUY this stock if it goes above 136 in 2 weeks. NOT A FINANCIAL ADVICE.
Good structure, keep eye on breakout. above 146 cn gv good upmove!
Nice break out With VOLUME SUPPORT, can go LONG withg SMALL S/L FOR DECENT UPMOVE
FCL - BREAKOUT CANDIDATE-ASCENDING TRIANGLE