Hi Traders / Investors , This is a Swing / Positional Trade . I can see a bullish momentum in Fine Organic Ind because of :- 1) Breakout of Cup and Handle Pattern forming from 6 months and retest. 2) Huge spike in Volumes at breakout. 3) Prior resistance level broke now acting as a Support. 4) Big Bullish Marubozu type candlestick at breakout.
Giving a Risk to Reward of 1:3.5 , Entry - 3614 level Stoploss - 3362 level Target - 4537 level
This is just an analysis so don't take any decision solely on this basis.
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