FILATEX - Poised for a 15-30% UpmoveThe stock is in uptrend in Monthly.
It is poised to break out of an inverse head and shoulder pattern.
Entry - 51.15
Target 1 - 59
Target 2 - 64
Target 3 - 69.
Next report date
Report period
Q1 2024
EPS estimate
—
Revenue estimate
—
2.50INR
1.11 BINR
42.86 BINR
91.69 M
About FILATEX INDIA
Sector
Industry
Headquarters
New Delhi
Website
Founded
1990
ISIN
INE816B01035
FIGI
BBG000D3T131
Filatex India Ltd. is a holding company, which engages in the manufacture and trade of synthetic yarn and textiles. Its products include partially oriented yarn, polyester textured yarn, fully drawn yarns, polypropylene yarn, narrow woven fabrics, and monofilament yarns. The company was founded by Ram Avtar Bhageriaon on August 8, 1990 and is headquartered in New Delhi, India.
Take filatex India for Mega profitTake entry at cmp 70
Target. 140
Next average at 34 Rs
Very good Q3 result.
At breakout stage
Be ready for take off
FILATEX INDIAThis video consists following contents -
1. Identification of Support and Resistance Zone
2. Identification of trend of the chart
This chart is only for educational purpose, and there is no buying selling recommendations. Do your own research before taking any trades
FILATEXStock name = Filatex India Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score = D
This stock's poor earnings and mediocre price p
FILATEX looks bullish FILATEX popped up on 52-week breakout screener results
A few highlights
Increasing volume in the last few weeks
Trading at a crucial level of around 55
Next resistance at 58
All-time high 71.40
RSI above 60 on a monthly, weekly and daily time frame
Since the next resistance is very close, it's hard
#FILATEX 46.90 Upside 17% Recommended Buy - Rachit SethiaFILATEX 46.90
TGT 55
SL 43
TF < 6M
Return > 17% ++
RR > 2.5
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at
FILATEXafter a decent breakout from months of downtrend, filatex is looking to breakout again. holding nicely at the current levels.
Filter on edge of breakout Breakout happened wait for retest to marked zone . Keep in watchlist . Do research before taken any investment decisions.
Support LevelsFilaTex is trading at support levels. The view is invalid if it closes below 81 on WCB. This can offer a good risk reward ratio.
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Frequently Asked Questions
The current price of FILATEX is 61.19 INR — it has decreased by 0.31% in the past 24 hours. Watch FILATEX INDIA LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange FILATEX INDIA LTD. stocks are traded under the ticker FILATEX.
FILATEX INDIA LTD. is going to release the next earnings report on Jul 23, 2024. Keep track of upcoming events with our Earnings Calendar.
FILATEX stock is 3.49% volatile and has beta coefficient of 0.39. Track FILATEX INDIA LTD. stock price on the chart and check out the list of the most volatile stocks — is FILATEX INDIA LTD. there?
Yes, you can track FILATEX INDIA LTD. financials in yearly and quarterly reports right on TradingView.
FILATEX stock has fallen by 4.72% compared to the previous week, the month change is a 0.57% fall, over the last year FILATEX INDIA LTD. has showed a 55.82% increase.
FILATEX net income for the last quarter is 348.40 M INR, while the quarter before that showed 351.00 M INR of net income which accounts for −0.74% change. Track more FILATEX INDIA LTD. financial stats to get the full picture.
Today FILATEX INDIA LTD. has the market capitalization of 27.24 B, it has increased by 10.57% over the last week.
Yes, FILATEX dividends are paid annually. The last dividend per share was 0.15 INR. As of today, Dividend Yield (TTM)% is 0.24%. Tracking FILATEX INDIA LTD. dividends might help you take more informed decisions.
Like other stocks, FILATEX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade FILATEX INDIA LTD. stock right from TradingView charts — choose your broker and connect to your account.
FILATEX reached its all-time high on Feb 28, 2024 with the price of 78.00 INR, and its all-time low was 0.75 INR and was reached on Dec 12, 2006. View more price dynamics on FILATEX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So FILATEX INDIA LTD. technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating FILATEX INDIA LTD. stock shows the buy signal. See more of FILATEX INDIA LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. FILATEX INDIA LTD. EBITDA is 2.38 B INR, and current EBITDA margin is 5.58%. See more stats in FILATEX INDIA LTD. financial statements.