BrahmaBull31

FDC - Consolidation - Volume Spike

Long
NSE:FDC   FDC LTD
NSE: FDC is closing with an strong consolidation candle supported with high volumes.

Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.

One can look for a 8% to 11% gain on deployed capital in this swing trade.

The view is to be discarded in the event of the stock breaking previous swing low.

#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade

Disclaimer:

This is for educational purposes only.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.