GO LONG : FC Consumer_Slope of Impulse Move getting flatterGO LONG : FC Consumer_Slope of Impulse Move getting flatter with target of Rs. 47/48...
FCONSUMER trade ideas
i am bullish if it crosses the cloud cover It will be interesting play in coming days. Either it will test the cloud and fail to breach it or will breach it for a bullish uptrend.
Trade accordingly.
Please do your own research before investing.
At a critical pointStock is at a critical point where it has held its 20 DMA support and at the verge of breaking out of the channel. A good entry point with 52.5 as SL for targets 65.5/79/97
Possible resistance levels have been mentioned in the chart.
Disclaimer : For study/discussion purpose only, not a trading recommendation.
Breaking channelPrice has been continuously closing above 20 day SMA for last 4 candles (green line on chart).
MACD line (green) crossing above Signal line (red) in oversold zone.
Increasing average volumes.
inverse cup & handleInverted cup and handle formation happening and will be confirmed when stock breaches 58.
Stock is ready for big breakout it should be usefull all FCONSUMER has seen recenlty gap up above 57-to 69 Stock has seen in consolidation range 62-69 stock is ready to move above 75-90 leves in 1-3 month buy on deeps
Buy FCONSUMER @ 68FCONSUMER look good at CMP 68 and add on deeps upto 62 for long to medium term view.
#FCONSUMERFresh TGC
Gapup
Volume Support
CCI (D/W/M)>100
H>69.75
C>67.85 with strength needed
Target 91
Duration: Around 4-6 weeks
FUTURE CONSUMERS LTD - DESCENDING TRIANGLE - SELL CALL Hi,
Stock is making a descending triangle pattern giving a sell signal.
One can sell Future Consumers Ltd, CMP 59.75. Stop of this trade will come @ 64 RS and one can target 48 RS.
I am not SEBI Registered analyst. All posts are for educational purposes. Non advisory, Discretional . No claims, Rights Reserved. I am not responsible for any loss
Swing trade FCONSUMER @ 60Stock taking support at 55, and on daily chart stock reach to 60 from support. We think that stock can go upto 67 and their is resistance at that level. If that resistance broken with good volume then further move will see.
Future of Future Consumer is BrightFuture Consumer is out of Symmetric Triangle with Huge volume showing strong bullishness ahead. Longs can be initiated for target of 40/50.
FconsumerFUTURE CONSUMER- Stock just given symmetrical traingle breakout so this stock can go upto 50 in near term wit sl 30 time frame 10-20 days
