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yndesai
May 3, 2023 2:47 PM

Finolex consolidation breakout Long

FINOLEX INDUSTRIESNSE

Description

Very high probability upswing of +20% possible. Following are technical reasons

1. Made good double bottom at weekly 200ma
2. Good support at 50ema (there is tendency to respect 50ema)
3. Also took support at 155 which was earlier resistance.
4. Now we see it breaking out of consolidation.

Target 205 and 230 possible SL can be at 155.

Trade active

SL 161

Comment

205 done heading 230

Trade closed: target reached

229.9 Achieved...!
Comments
yndesai
Started to move....
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