FDC ltd (A good candidate to long) Stock is in uptrend Long

FDC LTDNSE

Description

⋅ Jun 1, 2020 5:42 AM

After the downfall stock is continuously giving positive move and there is strong upside move.
It is facing resistance to hold above 255 level but soon breakout possible if you catch it on lower trend line grab it.
Positional call
Buy @250 - 255

Target 1- 260
Target 2- 265
This trade is given for short term(Swing traders)

Trade closed: target reached

⋅ Jun 5, 2020 5:33 PM

All targets reached.
I hope you guys would have booked your profits.
Happy trading.

Comments

AnkitMal

⋅ Jun 4, 2020 11:14 AM

Looks weak. MACD and MFI giving sell signal. May take support at 20DEMA at 245 but major support is 50DEMA at 238 where it has taken support last two time when started being bearish.
Please check and confirm am i right?

Saagar_patil

⋅ Jun 4, 2020 4:20 PM

@AnkitMal, I will update the idea please check it out.

Saagar_patil

⋅ Jun 5, 2020 5:35 PM

@AnkitMal, Did you booked the profits? It went up in single day and all targets achieved.

AnkitMal

⋅ Jun 6, 2020 4:52 AM

@Saagar_patil, Yes, thanks aton for sharing idea. it was really helpful. Now eye on Aarti Ind

Saagar_patil

⋅ Jun 6, 2020 5:04 AM

@AnkitMal, yes bro here to help you all.

G11192

⋅ Jun 2, 2020 9:29 AM

Hello Sagar,

I am holding FDC @254 , Should I wait or exit..as of now the FDC(LTP - 252).

Thanks and regards

Saagar_patil

⋅ Jun 2, 2020 10:33 AM

@G11192, don't exit now...it will surely go 260...even today I bought at 250 again and averaged.

G11192

⋅ Jun 3, 2020 8:18 AM

@Saagar_patil, Okay. Thanks for your reply. Holding it till tomorrow.