Fineotex Chemicals Ltd is engaged in the business of manufacturing auxiliaries and specialty chemicals for textiles, construction, water treatment, fertilizer, leather, and paint industries. -All Time high Revenue And net Profit Good financial target- 400, 450 Sl -320
I will buy FCL because : The price is forming a Ascending Triangle Pattern. The price has broken the resistance. The price is in Uptrend and has been forming good Volumes. Entry : 187 Target : 220/250 Stop loss : 172
FINEOTEX CHEMICAL as per daily chart analysis stock above 166 for a Target 170. Resistance at 172. 27.01.2022 Being Monthly expiry day Nifty Above 17325 than Resistance at 17420 / 17550 Nifty Below 17183 than Support at 16980 / 16934
Fineotex Chemicals It will breakout and go to new high. Good Volumes seen in few days it will outperform in upcoming days. Target will vr 190+
FINEOTEX CHEMICAL as per daily chart analysis had broken the penant pattern. once resistance 147 broken above 150 for a target 166 is achievable
FCL has Given a Multiyear Breakout this week supported with Good Volumes .There is a further possibility of getting huge returns. Entry can be done in staggered way with a Time horizon of 9-15 months for good returns with a stoploss of Breakout levels.
FCL looking bullish in weekly timeframe, it has broken a long old resistance zone, can see good volume pumping in , can go for a long positional tarde entry 108.65 stop 93.00 target 140 cmp 116.40
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...
forming a strong bottom but need to close above 35
Fineotex Chemical (FCL) weekly chart study
Price appears to be tracing out a triangle pattern in this monthly chart. This stock is in my watchlist and planning to buy this one on any breakout.