There is a good breakout in this stock keep trade with stop loss buy call at 59.75 target 63,66 stoploss 55
Perfect HnS Pattern..broke trend-line with volumes and now retest happening.
Cup and handle position.....should retest 54 again.....above is god's gift.
Firstsource attempting reversal from key fibonacci cluster around 49.50. Buy around 51.50-51.75 for targets 55.35/56.90 /61.45 stop 49.0
FSL has given breakout with Good Volumes. Would go long on market open 2morrow SL 46 Close based. Target Open since stock is on Verge of Breakout on Weekly.
Finally the wait is over and bought FSL for 69 with stop as shown. Hourly bearish headwinds are cleared and there are sufficient bullish tailwinds to take the price higher.
Monthly and weekly are bullish. Reached all time high and is retracing. Have reached a daily support as can be seen from the ichimoku chart. If price moves above 73 and closes above previous candles then it can be a possible next swing giving a minimum target to previous highs. Awaiting further confirmation before taking a position.
Need to keep an eye for the next 1-2 day for close in green for confirmed uptrend !
On monthly chart, it is been observed that the price action formed a bullish cup-handle pattern that indicates continuation of trend and further upside movement. It is a great opportunity to invest in this particular stock at current price levels to gain more than 55% returns. Target: 67 Stoploss 29 Duration: 6 months