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BrahmaBull31
Jan 4, 2024 8:33 AM

FINPIPE - Bullish Consolidation with Volumes  Long

FINOLEX INDUSTRIESNSE

Description

NSE: FINPIPE is closing with a bullish consolidation candle supported with volumes.

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

The stock has been moving along the horizontal support for the past few days which is indicating demand.

One can look for a 13% to 19% gain on deployed capital in this swing trade.

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

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