FCONSUMER EQUITY levels ...08/06/2021 (W candle)
May be the FConsumer go like the above chart
FConsumer CMP - 8 Stop - 5 on DCB Expectation - T1 - 21 T2 - Open, Review at 21 Expected Holding Period - 120 trading days or earlier for T1 Ideas being shared only for educational purpose
Future Consumer has got lenders approval for debt cast. kamath committee to approve
Chart is self explanatory Target -> 15
RSI is making newer highs although price is not following the momentum
GO LONG : FC Consumer_Slope of Impulse Move getting flatter with target of Rs. 47/48...
A bounce possible in the next trading session
This is my Personal View Please Do Your Own Analysis
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.