Finolex ready for next rally.A good double bottom and retest done.
30% up side possible.
T 230
SL 160
Key stats
Market capitalization
106.598BINR
Dividends yield (FY)
2.33%
Price to earnings Ratio (TTM)
18.40
Basic EPS (TTM)
9.35INR
About FINOLEX INDUSTRIES LTD
ISIN
INE183A01024
Sector
Producer Manufacturing
Industry
Miscellaneous Manufacturing
Website
finolexwater.com
CEO
Ajit Venkataraman
Headquarters
Pune
Employees
4.059K
Founded
1981
Finolex Industries Ltd. engages in the manufacture and sale of polyvinyl chloride (PVC) pipes and fittings. It operates through the PVC, and Pipes and Fittings segment. The PVC segment produces and distributes PVC resin. The Pipes and Fittings segment focuses on the manufacture of pipes and fittings required principally in the agriculture, and construction industries. The company was founded by Prakash Prahlad Chhabria on March 28, 1981 and is headquartered in Pune, India.
FINOLEX INDUSTRIES - DAY CHART - 02.02.2023 - BAHAVAN CAPITALFINPIPE as per day chart analysis
Stock ABOVE 178 TARGET 181
Happy Profitable Trading to All...
Triangle pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
FINOLEX INDUSTRIES - DAY CHART - 27.12.2022 - BAHAVAN CAPITALFINOLEX INDUSTRIES as Per Day Chart Analysis Stock ABOVE 188 TARGET 191.
Happy Profitable Trading to All...
FINOLEX INDUSTRIES - DAY CHART - 26.12.2022 - BAHAVAN CAPITALFINOLEX INDUSTRIES as per Day Chart Analysis Stock ABOVE 182 TARGET 186.
Happy Profitable Trading to All...
Finolex Industries: Breaking out from 10 month consolidationFinolex Industries is looking in good momentum with volumes. Stock is breaking out from around 10 month consolidation. Keep on radar.
FINPIPE on Breakout. BUY above 182 for Intraday tomorrowFINPIPE on Breakout and with good volume . BUY above 182 tomorrow (Thursday 15th December) for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage : The strong upmove (nearly upto 2% fro
Finolex Industries Limited buy callbuy @ 185
tgt-220\500
sl-160
my tgt is 300+
buy @ 185
tgt-220\500
sl-160
my tgt is 300+
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0