Volume buildup in daily and weekly time frame is signifcantly good enough. Wedge pattern breakout successful and target achieved, wait for the ascending triangle pattern retest for conformation. Note: I do my analysis, do your before trade.
FCL - Finotex Chemical Daily CMP 382 W Pattern breakout in daily chart Huge Volume SPurt 200 EMA support
Fineotex Chemicals Ltd (FCL) - Long Buy zone: 349 - 389 Target 1: 411.50 Target 2: 432.45 Target 3: 459.15 Trade and Invest Wisely with your knowledge! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me, If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI...
NSE:FCL ✅ #FCL trading above Resistance of 394 ✅ Next Resistance is at 508 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not...
Fineotex Chemical Ltd 1) Time Frame - Weekly. 2) The Stock has been in a consolidation since (September, 2022). Now It has given a breakout & Closed at it's All Time High with strong bullish momentum in weekly time frame. 3) The primary trendline will act as a resistance around the price 577 in the short term. 4) Recommendation - Strong Buy
FCL : W Breakout Done At strong resistance close above 380 is crucial for possible further strong breakout
industry is in downturn but this stock dont seem to pause...just an attempt at TA, lets c howw it plays out.
Gap up opening Break out post consolidation Price trade above 20 EMA / 50 EMA / 200 EMA CMP is 374 Maintain SL @ 320
Finotext chemical - It formed a ascending triangle pattern with breakout. We can see the target of 370 + 200 = 570 in near term.
symbol FCL company fineotex chemical type long term & swing trade price 354.85 date of entry 08-02-2024 risk market slowdown
⚡️Almost Debt Free ⚡️10Y ROE of 21% CAGR ⚡️10Y Profit Growth of 30% CAGR ⚡️ATH Breakout expected ⚡️Sideways since Sep 22 ⚡️Ascending Triangle Pattern 🔴 SL 320 🟡 CMP 335 🟢 TGT 369/419/503
FCL :- Cup and handle pattern is made in stock, breakout has been given Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful...
Confluence occurs when several technical analysis methods give the same trade signal. Usually, these are technical indicators, but may also be combined with chart patterns, price action, and chart overlay tools. Originally, the term confluence is used to describe a geographic point where two or more rivers come together to form a single body of water. But...
FCL Showing good movement with huge volumes. Approaching Weekly BO level of ~406, would be good to track if it consolidates before giving another BO on that level, that will give a decent entry point on a scrip showing strength with volumes.
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
FCL (1W TF) - FINEOTEX CHEMICAL Trade Analysis given on 27th November, 2023 (Monday) Pattern: ASCENDING TRIANGLE BREAKOUT - Resistance Breakout - Done ✓ - Volume Spike - Done ✓ - Retracement + Consolidation - In Progress #stocks #swingtrade #priceaction #traderyte #fcl