FINE ORGANICS Dated 15 dec 2021 CMP - 3935given a good weekly breakout. this is for educational purpose i would not be responsible for your profits. do your own analysis and comment if you bought it.
FINEORG trade ideas
FINE ORG : RANGE BREAKOUTFresh Buy@CMP
TGT - 4100 & 4200
SL - 3750
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
FINE ORGANICS, good fundamentalstrong fundamental, various new projects, many new plants, volume dry, and resetting RESISTANCE
Fine Organic - Retest @ ATHEntry : 3550- 3570
Initial Target - ATH - 3800 ( Trail sl this target)
Weakness below 3400
Fine Organic Ind " up to 25 % gains "Hi Traders / Investors ,
This is a Swing / Positional Trade .
I can see a bullish momentum in Fine Organic Ind because of :-
1) Breakout of Cup and Handle Pattern forming from 6 months and retest.
2) Huge spike in Volumes at breakout.
3) Prior resistance level broke now acting as a Support.
4) Big Bullish Marubozu type candlestick at breakout.
Giving a Risk to Reward of 1:3.5 ,
Entry - 3614 level
Stoploss - 3362 level
Target - 4537 level
This is just an analysis so don't take any decision solely on this basis.
Please give thumbs up if liked this as it requires deep research.
Fine OrganicsW-bottom pattern formed on the chart in daily timeframe. The stock has already given 13% up move on today's candle creating an all time high. Trading volumes are very good and on account of good quarterly result long position can be taken with target of Rs 4332 and stop loss of Rs 3465.
LongFineOrganics is giving breakout. its taking good support inside channel pattern with in 2 days it will give breakout.
For educational purpose only.
Consolidated Triangular Breakout?Study Purpose
Consolidated Triangle Breakout with Volume ?
Buy Range 2900- 3020
SL: 2800
Target: 3400
SWING TRADERS ALERT - Close to a BOFUNDAMENTALS - Solid company with operations across the globe. Their Plant based extract is used across Food, Paint, Plastic and other areas.
It's an investment grade stock.
However, there is an opportunity for a swing trade. You can capture a good swing if the BO happens at mentioned levels
If the resistance is strong, expect a consolidation for a few trading sessions. Positive moment and increasing volume also spotted
NOTE: I have 30 stocks since 3000 levels.
CHART STUDY - NOT A CALL
FY21-22 Swing Trade Idea #161: Long on FINEORG This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Fine Organic! A good Breakout CaseNSE:FINEORG will try to take support at 50DMA and then Upside. Wait for recent high to break for safer entry.
FINEORGExpecting a Breakout, if the candle close above 3100 means there will be a huge moment
Target =3520
fineorg 3575 target the next big move about to give
it will shot upto 3575 within few days (5-8)
i am not going to time it but monthly calls will be wonderful
secret weapon
FINEORG Making Double Bottom PatternFINEORG Making Double Bottom Pattern.
Lets see if it can reach up to 3500
Fine organic can be a good swing opportunity Fine organic has been consolidating at support for a while with dried up volumes and yesterday it gave good trendline breakout with good volume. Above 3100 level this can give a good swing long opportunity.
Previous trendline breakout followed by good volume buildup near resistance gave a good rally.
Follow strict risk management.
Fine Org - BullishLooks like the end of downtrend as well as accumulation
Volume suggest stock may rally in coming days
Excellent base formation , then buying emerge with good volume Excellent base formation , then buying emerge with good volume in fine organics
