FINEOTEX CHEMICAL - DAY CHART - 07.02.2023 - BAHAVAN CAPITALFINEOTEX CHEMICAL as per day chart analysis
Stock ABOVE 251 TARGET 256.
Happy Profitable Trading to All..
Key stats
Market capitalization
24.924BINR
Dividends yield (FY)
0.18%
Price to earnings Ratio (TTM)
31.55
Basic EPS (TTM)
7.15INR
About FINEOTEX CHEMICAL LTD
ISIN
INE045J01026
Sector
Process Industries
Industry
Industrial Specialties
Website
fineotex.com
Headquarters
Mumbai
Employees
247
Founded
1979
Fineotex Chemical Ltd. engages in the manufacture of chemicals for textiles, construction, water-treatment, fertilizer, leather and paint industry. Its products include Textile, Water & Oil Based Drilling Fluid, and Cleaning & Hygiene chemicals. The company was founded by Surendra Kumar Tibrewala in 1979 and is headquartered in Mumbai, India.
Long FCL, Move is ONNSE:FCL
#FCL gave an entry at 206.20 as per Chart given below
Now trading above Resistance 3 of 382
Next Resistance is at 478
Here are previous charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which
Long FCL, Move is ON..NSE:FCL
Target 2 achieved in FCL
FCL is now trading above Resistance2 and showing further strength. Based on this strength, target revised.
Here are previous charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close
My Final Setup Idea From now onwards this will be my template for my stock selection on my Swing Trading on Daily Timeframe... no further changes at all
FCL positinaltradeThis is only for education purpose only. Please check your own analysis before you take a trade
Long FCL, Move is ON..NSE:FCL
Target 1 achieved in FCL
Based on current strength in the stock. target further revised.
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly
Cup and handle breakout in FCL?Possible Classic Cup and handle breakout in Fineotex Chemical.
We can see how volumes have increased near the breakout candle
At present Stock has given a strong breakout with significantly good volume. For further strong up move, price has to close above 240.
All possible targets are marked o
Fineotex chemicalFineotex chemical.. all chemical stock has shown good correction recently..but this stock holding upward rally beautifully, it seems fineotex is going so show good price movement in coming time.. CMP: 189 sl:155(wcb) target: open. If stock crosses 275 level and hold for few week then this stock wil
FCLCMP: 185
- Formed O+L candles near support & never broke its low
- Head & Shoulder pattern has been invalidated
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Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
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Revenue
0