LONG POSITION IN FINOLEX CABLES
The price has broken out of the descending triangle pattern with strong volumes.
The price is being supported by the sloping up TL.
MEASURED TARGET LEVELS OF - 352
Vixifix is decreasing, OBV is increasing, trading confidently above 9 EMA, and closing close to 22 EMA..
Positional Long with target being 250 in about 10 trading sessions
Yet another Wealth Creator pick from my side. Buy above 500 and Accumulate on dips, No Target just hold till bullish structure becomes bearish. This stock could be potential Multibagger. Cheers!!!!!!
The stock is in a major uptrend and has been in a corrective phase in the past few weeks. The recent price action over the last few days indicate that selling is drying up and the stage is probably set for an upward spike. I would be interested in this stock if I see the anticipated spike up in price, accompanied by higher volumes.
Am watching the price action closely.
