FDC SPOT looking good for levels - 379/419/479. VIEW NEGATED BELOW - 319 (DCB).
FDC EQUITY levels ...06/05/2021 (D candle)
Best Opportunity For Swing Traders💕 Level Mentioned On Chart. After Consolidation Stock Is Ready For Go Follow For More Updates @prasanna09 📌Key Highlights: 🔺BO On Daily Time Frame 🔺Channel BO 🔺Dynamic Support and Resistance 🔺Vol. BO 🔺Tgt 340+,Keep sl 308
Best Opportunity For Swing Traders💕 After Consolidation Stock Is Ready For Go TGT🎯 331-335, SL 300 Follow For More Updates @prasanna09 📌Key Highlights: 🔺BO On Daily Time Frame 🔺 Channel BO 🔺Vol. BO 🔺 Psychology
All levels are mentioned on the chart. Please consult your financial advisor before making any bet.
About Stock: FDC is a SmallCap company with a market cap of ₹5,683 cr. It is a pharmaceutical company engaged in manufacture of specialized formulations, and oral rehydration salts (ORS). Trade Setup: On Nov 6, stock has taken support at 89 SMA. It is also trading avove 200 SMA. Momentum Indicator RSI has turned direction and an early entry around 332-335 will...
Long FDC for a target of Rs. 370-375 in coming few sessions.
recovered fully breached pre pandemic high. good for positional and intraday
After the downfall stock is continuously giving positive move and there is strong upside move. It is facing resistance to hold above 255 level but soon breakout possible if you catch it on lower trend line grab it. Positional call Buy @250 - 255 Target 1- 260 Target 2- 265 This trade is given for short term(Swing traders)
Don't exit the trade just because the downtrend has ended. The pharma sector looks in pain but soon it will recover and this stock will give you good returns if you are holding it. I have marked next buying levels, you may average at next support and then take the exit from the trade at least with some profit.
Price enters the prior distribution zone. Stranded buyers in the zone would offer resistance to the price rise. Expect some congestion in this red zone for a while.
On the weekly chart, FDC broke out of a consolidation with good volumes. Overcoming a minor resistance at 235 should see 260 coming. Beyond 260, it's an uncharted territory.