FCL
#TIRUMALCHM CMP145.35 #Target 214 #MANGCHEFER #FCL #SUDARSCHEMWEEKLY CHART
#TIRUMALCHM
NSE: TIRUMALCHM
Long Term Investment
CMP 145.35
Target : 214.80 (~45%)
SL : 111
Timeframe < 90 Days
Can hold for longer time might reach 400s
Factors:
Rounding Bottom Pattern
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Fineotecx Chemical (FCL)
Fineotecx Chemical (FCL)
- Stock is mildly Bullish
- Travelling in a channel.
- As long as inside the channel it will move upward.
- As per MACD indicator, there are chances of breaking out the channel. So, better to watchful for couple of days (from 15th June 2021)
- Stock is 3.55x as volatile as Nifty. So risk is high. Be careful.
CMP: 92.6
Buy Range:91-96
Upside Target: 107, 129.45
Support Level: 91.3, 86.40
Good Luck!
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**Disclaimer:
I am not a SEBI registered consultant/Advisor. It is completely my view and opinion.
My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling.
Please do your own research and consult with your financial advisor before taking any action.
I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
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