FILATEX trade ideas
Accumulated Long Position 3 Targets Textile will pick up as businesses move from China to India. Indian govt also trying hard to give rebirth of Textiles.
Filatex seems to be perfectly positioned to take advantage of policy changes.
Green trend lines are the targets and support levels.
Positional trade for upcoming month of FEB 2021if the RSI sustains about the 60 till the end of jan 2021 then this stock may perform very well and give returns of more than 30-40%
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Buy Filatex on dips.As can be seen trading above the cloud and being more strong that the relative market of Nifty. The stock can be added on dips. at the Tenkan and Moving averages.
FILATEX- TRIANGLE PATTERN#FILATEX was bought at level 40 2 years back and stock moved 250 and then announced 5:1 and now again stock movingin same way there is support at 40 target 100-200++
Filatex : Powerful Share For Short Term .. {Bullish}To All Members , Filatex has shown Positive Divergence with RSI Which Indicates that It can Give A Good Move in Short Term ... Approach it for Targets of 238/250/262 Rs. ... Good Luck !!!
Keep on radar @ 201Stock is coming out of Consolidation phase and ready to make a new high, keeping SL 181 on closing basis we expect some good quick move
Buy Call on Filatex .Filatex can easily achieve 151-152 Levels in Short Term as the trend says about it . Have a Stop Loss at 137 Levels .
Filatex LongFilatex making Flag & Pole pattern
1st Target 180
2nd target 230
Stop Loss 140
Time frame 2 months
