@ Double bottom Breakout - Retest - Buy on DipFIlatex on Daily chart formed Double bottom.
Details on Chart
Note: This analysis is only for educational purpose.
FILATEX trade ideas
Filatex_ Positional View/Short TermThe particular stock has given a breakout on 10 May'21 (Breakout-Retest-Breakout) as mentioned in chart. Currently it is consolidating in " Symmetrical Triangle " since past one month.
Positionally, it is right time to add in your portfolio as stock bouncing from support.
Note: Refer chart to better understanding.
filatex - buy at these levels for 30% upside 🛸🚀try to buy at 95 to 90 and target levels of atleast 125
Filatex IndiaFilatex India EW analysis is given currently 4th wave is running buy it near 93 add more if test near 80 tgt aprox 160
Will go up to 118 in short term. Reversal has been started.Will go up to 118 in short term. Trend Reversal has been started.
FILATEX INDIA - Pennant Pattern HistoryThis analysis is inspired after a well wisher asked me a query on this stock.
I see this stock has had a pattern so far of jumping from the 20 SMA in the form of a pennant pattern while riding the Rising Parallel Channel.
This time around the 20SMA support is formed near the midline of the channel which is why I suspect the channel resistance can be broken.
Lets wait and watch how it performs.
Long FilatexFilatex - Has Bounce of the Flat Kijun to a new ATH.
Chikou Free and Clear / Future Kumo Bullish / Higher TF Bullish
Could take long positions with SL @ 85 (Below Senkou B)
Tgt 140 / 160 / 190
FILATEX : NEAR BREAKOUTAlready brokeout from the base slight pullback going on...
Buy Range: 103 (within max 5% from breakout level)
SL: max 8%
Target : 10-20%
Filatex HourlyNegative Divergence and also rejection near resistance level.
Looks like Price going to dip.
Just my point of view, No Trade advice.
FILATEX - DAILYFILATEX - DAILY
Good Breakout with strong candle.
Great Volumes.
Buying suggested on Price retest levels.
Targets as per Fibonacci.
By - Rahul_Mathur
