#FCL #FINEOTEX CHEMICALStock recently created double bottom on charts at 200rs zone and moving good with 200DEMA. Targets will be 315-340-380+ SL - 255.. Strong on charts go with it..
FCL trade ideas
FCL - Promoter keeping this wordOne of the few chemical companies which didn't face headwinds results wise..
The promoter had a chequered past but now i'm sure markets will trust what he has to say..
Long above 270 for a breakout or ideally buy the bounce around 250..that way the stoploss can be much much shorter below 244.
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..
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, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
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 below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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 defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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 on the chart. Maintain strict stop-loss at 203.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
NSE:FCL
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 will start fresh rally toward 500 level
FCLCMP: 185
- Formed O+L candles near support & never broke its low
- Head & Shoulder pattern has been invalidated
FINOTEX CHEMICAL LIMITEDStock seems to be in bullish momentum and it forms a expanding channel pattern.
Rt. now stock is at a support level.
Wait for stock to rebound to the pattern and keep the previous high as 1st target.
Volume seems to be depreciating. Just wait for next trading session to happen and conform the reversal.
FINEOTEX CHEMICAL TARGET 239FINEOTEX weekly channel breakout. Gap up between existing all-time high. Target 239
Fineotex Chemical 20% upside forming Ascending Triangle PatternI will buy FCL because :
The price is forming a Ascending Triangle Pattern.
The price has broken the resistance.
The price is in Uptrend and has been forming good Volumes.
Entry : 187
Target : 220/250
Stop loss : 172
FCL: CHEMICAL SECTOR, PERFECT BOX BREAKOUTNSE:FCL
perfect box breakout from darvas ji ka box
CMP 188, near resistance 195, should be weak resistance as it is very old one from 2015. The old the resistance the weaker the resistance
Great Improvement In Fundamentals, Rising Sales Last 7 Quarters, Almost Nil Debt, Roce & Roe Both Above 20, All Margins Increasing.
EPS STRENGTH 71, PRICE STRENGTH 84, BUYER DEMAND 'A', MASTER SCORE 66, GROUP RANK 76 OF 197
CHEMICAL SPECIALITY
Disclosure: Personally Invested Buy Average Price 168
FCL with HH HLFCL cmp 180.70
In chart can see in year 2021 FCL continuously making HH,HL on weekly chart and looking very bullish for long term purpose.
Consolidation in UptrendLevel to watch out : 164
High accumulation followed by low volume consolidation
FINEOTEX CHEMICALS DAILY CHART ANALYSIS AS ON 28.02.2022FINEOTEX CHEMICALS as per daily chart analysis Stock Above 166 for a Target 173. Resistance 174. Wishing you all a profitable Trading.
FCL Giving IH&S BreakoutLevels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
