FINEORG - Weekly AnalysisIn the Weekly Chart of FINEORG ,
we can see that, after Trendline breakdown, it showed a recovery.
Expected momentum is shown in chart.
FINEORG trade ideas
FINEORG#FINEORG
The stock broke out from its Stage 1 base in the week starting July 1st, supported by strong volume.
After consolidating within a range for a few weeks, the price pulled back into the base but has since shown resilience.
On the daily chart, the stock is displaying bullish momentum by forming higher highs (HH), signaling a potential continuation of the uptrend.
FINEORG TRADE IDEA - TOP DOWN APPROACHStock gave a significant move from covid (March 2023) lows and gave 281% returns till Sept 2022; after that correction phase started and it retraced 40-50% till feb-march 2023
Then it accumulated for almost 18-19 month in a fixed range with less volumes ; since last 2-4 weeks there are some volume spikes seen with coming out of accumulation range AND it made higher low formation since 3-4 weeks.
Last trading session there was about 9-10% move with above average volume ; clearly shows some buying interest -
The trade may set above 5350 on daily closing basis (After switching to daily chart) with possible SL 4600 and target near all time high 7100-7500.
Important things drawn on chart. Do your analysis and all suggestions are warmly welcomed by comments. Wish you all a HAPPY FIBONACCI DAY.
bullish for short termfineorg its ready to fire to hit the target of 6900 for the short term its reversed from important level its a right time to enter.
FINE ORGANIC (Portfolio Pick)As you see in the chart the stock is in good uptrend from the listing.
Then price correct to 0.5 level & made a double bottom.
After that price breaks the neckline of double bottom & sustained above it.
At CMP price took support from the neckline and ready to gain momentum above 6000.
My target is 7300, 9350, 10600
Note: In any panic scenario If the price comes near the 0.618 level then you may also consider this stock for long term or average out.
I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
Showing Strength on MultiTimeFrame after Taking Support.NSE:FINEORG is showing signs of strength after taking support on the daily time frame, the counter is still in an uptrend and strong in the Multitime Frame. A Close above 5668 will activate the trade. The Support marked is Crucial going forward.
NSE:FINEORG is engaged in and outside India as the largest manufacturer, processor, supplier, distributor, dealer, importer, and exporter of a wide range of oleochemical-based additives used in foods, plastics, cosmetics, coatings and other speciality applications in various industries. It is among the six largest global players.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Fine Organic - 40 % GainFine Organic
High ROCE company
Promoters holding -75 %
Potential Gain - 40 %
estimated time - less than 8 months
FINEORG - PERFECT STAGE 2 BREAKOUTFINEORG - FINE ORGANIC IND. LTD.
Trade Type - Short Term (4 month to 7 month)
Trade Logic - Stage 2 breakout
CMP - 5507.10
Time Frame - Weekly
Target 1 : 6050
Target 2 : 6632
Target 3 : 7328
Target 4 : 8250
Stop : 4900
Risk/Reward Ratio (1: 4.3)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
FINEORGFINEORG has retested a minor resistance. No major resistance is visible nearby. It may reach its previous ATH within a few months.
Tripple bottom pattern in Fine OrganicsThe stock is going to break out a long bearish pattern fromoct 2022. It had a huge bull run when it's IPO came in stock market.
Time to catch the big fish 🐠 also an opportunity for a swing.
⏰ Current market Price : ₹ 5225
🔥 Target : ₹ 6000
📢 Important: always maintain your risk & reward
FINE ORGANICS - Rounding bottom with low volumeClear rounding bottom with low volumes.
Targets(T1, T2, T3 & T4) mentioned along with expected time frames. Adding stop loss from now on(marked as SL).
Disclaimer: No recommendation
Amazing breakout on Weekly / Daily Timeframe - FINEORGCheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level. THIS STOCK ALREADY CLOSED ABOVE THE BREAKOUT LEVEL LAST WEEK. RIGHT TIME TO INVEST.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Fine Organics Long Term PlayThis is a reversal stock.
Hoping to soon cover up the other side of the cup (Target 1) and then complete the target that we get with the CUP and HANDLE (Target 2)
Fundamentals:
Revival in the chemical sector can get back this stock on track.
Previous trending channel shows the power in this stock.
FINEORG : Good Breakout with volume supportedView on Fine Organic
- The stock making the good move towards upside
- volume is supported
- breaking the multiple resistance
- stock has got the good up word potential
Fine Organic stock is experiencing a significant upward move, supported by strong volume and breaking multiple resistance levels, indicating a promising upward potential. This bullish trend suggests that investors are confident in the stock's performance, potentially driven by positive fundamentals or favorable market conditions. The stock's ability to overcome previous resistance points further underscores its strength, and the sustained volume indicates continued interest from market participants. Overall, Fine Organic appears to be well-positioned for further growth, making it an attractive option for investors seeking upward momentum.
FINEORG - Weekly AnalysisIn the Weekly Chart of FINEORG ,
we can see that, after Trendline breakdown, it showed a recovery.
Expected momentum is shown in chart.
Fine Organics - Good Above 4600.Fine Organics will lift up, looking at sector tailwinds.
Investors can add Small Tracking Qty above 4600
Rest after crossing 5000.
Disclaimer : Educational content and not a recommendation
#FINEORGANIC - INVERSE H&S BREAKOUT#NSE:FINEORG - (DAILY)
CMP - 4451.45
TARGET - 4750, 4800
WEAK BELOW - 4320
~Stock consolidating in parallel channel
~ Last day candle gave Inverse H&S breakout
Disclaimer: This is not a buy, sell or Hold recommendation. It is only for educational purpose and learning technical analysis. Please do your own analysis and consult your financial advisor before investing. We are not SEBI Registered Advisor.
FINEORG - Weekly AnalysisIn the Weekly Chart of FINEORG ,
we can see that, it has shown a up move from 50 FIBO level.
Expected momentum is shown in chart.
Fine Organic Industries LtdFine Organic is the largest manufacturer of oleochemical-based niche additives in India.
It is among the six largest global players in polymer additives.
Fundamentals:-
Stock PE is below Industry PE.
Debt is Very less than reserves (Almost a Debt Free comapny).
Dividend giving stock.
ROCE & ROE Good.
Piotroski Score is 8 (Very Good Score).
Promoters holding is Very Good & No promoters pledged.
Technical:-
Demand Zone is marked as Green shaded horizontal area.
Support is marked as green horizontal line.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Triple top is marked with red horizontal area with 3 Stars, which is strong Rejection Zone.
Price may bounce from 200 Weekly EMA (White Line) which is also start of Demand Zone.
Once bounced - Swing Tgts are upto Triple top zone.
Price is expected to bounce from Demand Zones.
Crux:-
A Company with good Business.
Strong fundamentals.
Its a Long Term Stock.
Buy 4080 - 3900 - 3500
Stoploss 3375
Swing Tgt 4460 - 5120
Long Term 6080 - 6675 - 7320
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Fine Organic is forming a very good structure and at good level.Looking at Fine ORganics, the structure is very good in HTF and also on 1hr TF. Overall bullish forming HH and HL. And now it's in discounted price at a good low their is also an OB which is looking very good to go long but here I would like to wait a bit more as the SL is of 2.5% approx. So, I'll be waiting for it's structure to also get synced in 15 min TF that is CHoCH in 15 min also on buy side. then we'll find some good zone in 15 min to go long.
Fine OrganicsFine Organics can be entered into for both a Trade and Investment.
An entry above 4675 with a PT of 4830 for a trade is good. As an investment, one can add
at 4830 levels for a PT of 7300.
A Reversal with good volumes even in such market conditions is good for entry.
Fine Organic Analysis on 13 Jan 24 Fine Organic Analysis on 13 Jan 24
Stoploss 3950
best buying range 4400 to 4700
Target 5400
Target 6100 and 6900
All-Time High 7390
market is volatile and near to all-time high
try to buy as per your risk appetite
FINEORG - Weekly AnalysisIn the Weekly Chart of FINEORG ,
we can see that, after Triangle breakdown, it went in to Consolidation
and then we saw a W pattern breakout.
It has now reached the same level.
it might show some respect and spend some time over there.
My expected momentum is shown in chart.
