FCLFCL - Again back to same level 423 after take little dip.... expecting to move smoothly if market support......
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
FCL
FCLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
FINEOTEX CHEMICALS - Good for LONG?1. Liquidity taken from top.
2. Pullback is complete. It for it to move past the ATH now.
3. RRR is favourable.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
FCL - Breakout Setup, Move is ON..NSE:FCL
✅ #FCL trading above Resistance of 394
✅ Next Resistance is at 508
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
FCLFCL :- Cup and handle pattern is made in stock, breakout has been given
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Fineotex Chemical (FCL) - Weekly chart analysis...After a year long consolidation and correction, the stock is gradually setting up to reclaim the life time high.
Currently, the stock is emerging ou of a channel. Weekly close above 360 will create positive momentum.
Good support zone at 320 and 300 levels, below which 260, 230 and 230 are important levels.
Always trade with a strict stop loss of 5-8% and proper risk management.
Note: A personal analysis. Not a buy/sell recommendation. Consult your financial advisor.
SmallCap Growth Stock of Chemical Industry- FCLFinitex Chemical Ltd
Technical Analysis
-Stock is Trading above 9 EMA in daily Chart.
- Retested the BREAKOUT of Dec 2022
- Reversal candle Supported by Volume
-Respecting Trending Since Nov2021
-Red areas are Weekly Supply Zones
Fundamentals Analysis
- This is Growth STOCK with high PE of 35
- ROE & ROCE above 30%
-Topline & Bottom line of P&L is Superb
-Presence of HNI, FII & DII here
- Healthy Promoters holding of 65%.
Shaikhoology's View
Technically - Bullish, more upsides above WSZ
Fundamentally - If Growth Continues then Valuations will be attractive and multibaggar story unfolds.
Disclaimer - I am not SEBI REGISTERED ANALYST, Shared for educational purposes only. DYOR
If you like my analysis then support this analysis, share your views below in comments.
FCL - Ichimoku Bullish Breakout Stock Name - Fineotex Chemical Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 306
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Long FCL, Move is ONNSE:FCL
#FCL gave an entry at 206.20 as per Chart given below
Now trading above Resistance 3 of 382
Next Resistance is at 478
Here are previous charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
Long FCL, Move is ON..NSE:FCL
Target 2 achieved in FCL
FCL is now trading above Resistance2 and showing further strength. Based on this strength, target revised.
Here are previous charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Long FCL, Move is ON..NSE:FCL
Target 1 achieved in FCL
Based on current strength in the stock. target further revised.
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cup and handle breakout in FCL?Possible Classic Cup and handle breakout in Fineotex Chemical.
We can see how volumes have increased near the breakout candle
At present Stock has given a strong breakout with significantly good volume. For further strong up move, price has to close above 240.
All possible targets are marked on the chart. Maintain strict stop-loss at 203.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
NSE:FCL
watch for resistance breakoutbuy above 166 in intraday and swing trade
for swing trade stoploss daily candle close below trendline
for target keep 5% initially than trail at cost and book partially
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.