Breakout from Descending Channel, Looking Very Strong
✅The stock has broken out of a descending channel on the daily chart, crossing the key resistance zone near 70 with strong volume. Sustaining above this level could lead to further upside towards the 76-80 range. RSI above 70 signals bullish momentum, making it an attractive setup for trend-followi
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2.87 INR
1.11 B INR
42.85 B INR
119.67 M
About FILATEX INDIA LTD
Sector
Industry
Headquarters
New Delhi
Founded
1990
ISIN
INE816B01035
FIGI
BBG000D3T131
Filatex India Ltd. is a holding company, which engages in the manufacture and trade of synthetic yarn and textiles. Its products include partially oriented yarn, polyester textured yarn, fully drawn yarns, polypropylene yarn, narrow woven fabrics, and monofilament yarns. It operates through the Within India and Outside India geographical segments. The company was founded by Ram Avtar Bhageria on August 8, 1990 and is headquartered in New Delhi, India.
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Strong momentum, expecting a move towards 72 level soon- Symbol: FILATEX
- Pattern: Symmetrical Triangle Breakout
- Volume: High volume during breakout
- Retest: Retest of breakout level completed
- Support: Strong support from lower trendline
- Momentum: Strong momentum, expecting a move towards 72 level soon
Watchlist-Filatex-- stock in consolidation-wait for the breakout
--volume building
--Promoters increased stake is last Q from 1.57% to 24.81%
--Targets:- 58/65/70
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned m
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of FILATEX is 43.17 INR — it has decreased by −0.30% in the past 24 hours. Watch FILATEX INDIA LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange FILATEX INDIA LTD. stocks are traded under the ticker FILATEX.
FILATEX stock has risen by 14.84% compared to the previous week, the month change is a 20.59% rise, over the last year FILATEX INDIA LTD. has showed a −25.88% decrease.
FILATEX reached its all-time high on Feb 28, 2024 with the price of 78.00 INR, and its all-time low was 0.75 INR and was reached on Dec 12, 2006. View more price dynamics on FILATEX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
FILATEX stock is 2.63% volatile and has beta coefficient of 1.17. Track FILATEX INDIA LTD. stock price on the chart and check out the list of the most volatile stocks — is FILATEX INDIA LTD. there?
Today FILATEX INDIA LTD. has the market capitalization of 19.22 B, it has increased by 10.07% over the last week.
Yes, you can track FILATEX INDIA LTD. financials in yearly and quarterly reports right on TradingView.
FILATEX INDIA LTD. is going to release the next earnings report on May 6, 2025. Keep track of upcoming events with our Earnings Calendar.
FILATEX net income for the last quarter is 471.30 M INR, while the quarter before that showed 133.40 M INR of net income which accounts for 253.30% change. Track more FILATEX INDIA LTD. financial stats to get the full picture.
Yes, FILATEX dividends are paid annually. The last dividend per share was 0.20 INR. As of today, Dividend Yield (TTM)% is 0.46%. Tracking FILATEX INDIA LTD. dividends might help you take more informed decisions.
FILATEX INDIA LTD. dividend yield was 0.34% in 2023, and payout ratio reached 8.02%. The year before the numbers were 0.46% and 7.41% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 18, 2025, the company has 4.62 K employees. See our rating of the largest employees — is FILATEX INDIA LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. FILATEX INDIA LTD. EBITDA is 2.47 B INR, and current EBITDA margin is 5.69%. See more stats in FILATEX INDIA LTD. financial statements.
Like other stocks, FILATEX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade FILATEX INDIA LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So FILATEX INDIA LTD. technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating FILATEX INDIA LTD. stock shows the neutral signal. See more of FILATEX INDIA LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.