Buy near 567 -70 1st target is 590 or Buy above 590 on daily closing basis Tgt 700+ Looks good technically plus huge volume
FINCABLES had given a very strong volume breakout from Inverted head and shoulders on 29th July. It had confluence with 200 DEMA breakout. It has been consolidating since 29th July in a tight range. Once the stock breaks 445, it will move quickly to 475 levels. Risk reward ratio at CMP is very attractive
Inverted head and shoulder at support and now a breakout with volumes A perfect spot of trend reversal, stay tuned!
Finolex cable is a strong candidate for a breakout. Keep it on your watchlist.
Double bottom, RSI bullish divergence. Stock comparative RSI over nifty is now turning bullish. Buy above 416 or at a dip near 397. Potential targets could be 456 and 523. Keep a stop loss below 370 on daily closing basis.
fincables study charts / elliot wave analysis / wave theroy
FINCABLES is looking good to go long. It's currently on its uptrend trendline. It did break it downwards but came back up again.
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Finolex Cables is forming multiple patterns one after the other , Net Profit is the Highest .
Stock price above the 50-day moving average is usually considered bullish. Stock price below the 50-day moving average is usually considered bearish. If the price meets the 50 day SMA as support and bounces upwards, consider a long entry
finolexcables - Due to minor bearish divergence, the stock may come down to retest the breakout. 557 is a good level to add the stock. View negated below 510, daily closing basis.
Business area of the company The Company is principally engaged in the manufacturing of Electricals Cables, Communication Cables & other electrical appliances. Products Wires & Cables Optical Fibre Cables Switches LED Lightings Fan MCB Water Heater
Hi All, Buy Finolex Industries , the stock is currently at 501 levels. Buy the stock in correction as well. Any decline in stock will also be good opportunity. Keep target of 620-625 which is 24% from current levels of 501. Keep initial stop loss of 425 on weekly closing basis. Once the stock starts moving up, then trail the stop loss to you buying price....
Buy = 506.55 SL = 484.98 Target 1 = 549.69 arget 2 = 571.26 13/09/2021 Bullish NSE:FINCABLES-->Finolex Cables Ltd Buy for short term
major trendline support and immediate swing broke out dips are bying oppurtunity, analysis and levels mentioned onchart
Give tge break out above the trend line . After taking support.
Darvas Box Theory Finolex Cables Ltd formed such 4 Darvas boxes on the daily charts
Buy Finolex Cable Above 550 Target 5-8% upside.