FINCABLES
FINCABLES for 75%(approx..) GainFINOLEX CABLES is showing a all time high breakout, volume is also good so one can gain 75%
CMP : 830
TG : 1300
SL : Below 20 EMA or as per your knowledge
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
FINCABLES Analysis & Prediction in WTFThis is the analysis of FINCABLES in Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About FINCABLES:
Finolex Cables Ltd. engages in the manufacture and sale of electrical and telecommunication cables. It operates through the following segments: Electrical Cables, Communication Cables, Copper Rods, and Others. Its products include wires and cables, led lightings, fans, miniature circuit breakers, and water heaters. The company was founded by Kishan Parsram Chhabria and Prakash Prahlad Chhabria in 1958 and is headquartered in Pune, India.
FINCABLES | Swing Trade📊 DETAILS
Sector: Cables
Mkt Cap: 16,695 cr
Finolex Cables Limited is a leading manufacturer of electrical and telecommunication cables in India. Operating for more than 50 years, Finolex has been able to maintain its leadership position as one of the most diversified wires and cables companies in the country.
TTM PE : 25.93 (High PE)
Sector PE : 28.63
Beta : 1.00
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
10.45% away from 52 week high
Outperformer - Finolex Cables up by 2.23% v/s NIFTY 50 up by 1.99% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Finolex Cables Limited - Long Setup, Move is ON...#FINCABLES trading above Resistance of 1125
Next Resistance is at 1721
Support is at 630
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
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.
FinCables Soaring High - Breakout AlertFinCables, the popular stock, is making waves in the market today! I'm here to provide you with an educational and informative technical analysis of this potential breakout opportunity.
Key Details
FinCables is trading at an all-time high, indicating strong bullish momentum in the stock.
today, we witnessed a breakout of the previous high with an incredibly high trading volume, which further supports the bullish case.
The opening today was a gap up, suggesting strong buying interest right from the start of the trading session.
The current daily candle resembles a Marubozu, indicating that there is little to no selling pressure in the market today.
✅ Trade Idea:
Considering the breakout, strong volume, gap-up opening, and the absence of selling pressure, it seems like an opportune time to consider a buy trade on FinCables. However, always remember to conduct your own research and perform proper risk management before entering any trade
Please remember that this analysis is for educational purposes only, and I am not a SEBI registered analyst.
If you find this analysis helpful, don't forget to hit the like button and share your observations in the comments below. Your feedback keeps me motivated to write consistently!
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FINCABLES - Ichimoku Bullish Breakout Stock Name - Finolex Cables 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 822
#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.
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FINCABLES - Long Setup, Move is ON..NSE:FINCABLES
✅ #FINCABLES trading above Resistance of 624
✅ Next Resistance is at 748
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.
FINCABLESFINCABLES:- Two bullish patterns are showing formation first one is forming ascending triangle pattern on weekly chart and
second one is forming cup and handle pattern on monthly chart keep an eye on this stock.
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.
FINCABLES - Ichimoku Bullish Breakout Stock Name - Finolex Cables 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 570
#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, it motivates me to do analysis.
FINCABLES - Ichimoku Bullish Breakout Stock Name - Finolex Cables 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 503.
#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, it motivates me to do analysis.
FINCABLES - Ichimoku Bullish Breakout Stock Name - Finolex Cables 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 488
#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, it motivates me to do analysis.
watch for resistance breakoutbuy above 430 in intraday and swing
for swing keep Stoploss below 399
for swing taregt 500,520 but keep booking partially in between
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.
FINCABLES is at support can give up to 20% returnsI will buy FINCABLES because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 456/444
Target : 588
Stop loss : 425