FINOLEX INDUSTRIES by KRS Charts18th October 2024 / 11:45 AM
Why FINPIPE ❓
1. All over Uptrend Stock since listed.
2. Recent bottom with Cup & Handle Pattern Breakout and Retest with Strong Green Candles with Strong Volume 👍
3. 283 Rs nearest Good Support
4. Better Entry zone marked as we can see in the Chart.
Target - 400 + Rs
SL - 260 Rs Closing Basis
Finolexindustries
FINOLEX INDUSTRIES ON BUYING LEVELStock is obeying the trendline from the past few months as shown on the chart.
stock is taking support on 200 moving average.
Can hold it for at least a month or 2 for the desired target.
DO NOT TRADE IF BREAKS THE TREND LINE
DISCLAIMER - Analyse yourself before investing.
HAPPY TRADING
FINOLEX INDUSTRIES - Swing Trade - 25th March #stocksFINOLEX INDUSTRIES (1W TF) - Swing Trade Analysis given on 25th March, 2024
Pattern: SYMMETRICAL TRIANGLE
- Pullback candle from Lower Trendline Support - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - Done ✓
#finpipe
FINPIPE - Bullish Consolidation with Volumes NSE: FINPIPE is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 13% to 19% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Long Trade in Finolex Industries Ltd.Best Buy in the Range of 175-180
Target- 190/210/235
Stop Loss -@160
Reason To Buy :
Good Support from the lower Trend Line
Bullish Breakout of Falling Wedge structure.
Good Risk To Reward Ratio.
Note:
This idea is only for the educational purpose.
Trade at your own risk.. Happy Trading .
Thanks..
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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Finolex Industries ready for the momentumChart -> Finolex Industries Daily
CMP: 184
Good Range: 175 to 185
Target: 195, 214, 243
SL: 170 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Breakout in Finolex IndustriesChart -> Finolex Industries Daily
Big breakout with some crazy volumes! Accumulate on a retest.
CMP: 174
Targets: 185, 196 and 212
Good range: Around 160
SL: 153 daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
FINPIPE _ Retest of breakout - low risk and high reward tradeThe stock was trading in a highly negative manner, but the downward trendline was broken with good volume, and a retest of the trend line followed the breakout.
This trade can be viewed as a retest of a breakout; it will be low risk and high reward trade.
Please like it if this analysis was helpful to you, follow me for such analysis and share your thoughts in the comment section below.
Thank you