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Cup and handle breakout in FCL?
FINEOTEX CHEMICAL LTD
Long
Cup and handle breakout in FCL?
By KaravaliTradingZone_Official
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Aug 4, 2022
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Aug 4, 2022
Possible Classic Cup and handle breakout in Fineotex Chemical.
We can see how volumes have increased near the breakout candle
At present Stock has given a strong breakout with significantly good volume. For further strong up move, price has to close above 240.
All possible targets are marked on the chart. Maintain strict stop-loss at 203.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
FCL
alltimehigh
breakout
Cup And Handle
cupandhandlepattern
FCL
LONG
Supply and Demand
Support and Resistance
volumeanalysis
volumes
KaravaliTradingZone_Official
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