abhi_invests

FDC heading for Breakout?

Long
NSE:FDC   FDC LTD
134 views
1
FDC trying to break its resistance level . Recent Fundamentals also good.
Comment: Smart money entered,check Volume candle in afternoon
Order cancelled
Trade active: Didnt expect this bounce today.Let's see how this week unfolds tomorrow.
Order cancelled

Comments

Market mood will turn negative due to q1 results, FDC is a good hedge but this attempt to break resistance has failed
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Please update if continue to hold and target.
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Please explain the comment posted today.
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abhi_invests abhi141992
@abhi141992, Check the volume and price spikes on 5min candle, someone was busy accumulating yesterday.
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abhi141992 abhi_invests
@abhi_invests, It went down today. Any views?
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abhi_invests abhi141992
@abhi141992, Of course if any stock tries to break resistance, there will be resistance. these things are called support and resistance for a reason, but I am sure sooner or later this will go up.This is my view.Wait for at least this week , the picture will become more clear.
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What can be target as per your analysis? Please reply as I am holding 400 @ 272.
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abhi_invests abhi141992
@abhi141992, In near term 285-290, if it crosses that level , then 320.
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