#FINPIPE #NSE - TRENDLINE SUPPORTFINOLEX INDUSTRIES Trading at trendline support. Close within 52 week zone. Outperformer. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading! Longby SUDRED122
Cup and Handle Pattern in Finolex Industries on Weekly ChartFinolex Industries has making good chart pattern on Weekly time frame. Buy (Half qty) at 235 Buy (Full qty) at 250 SL at 200 Target 1: 280 Target 2: 305 Target 3: 350Longby Jatin_VekariyaUpdated 1
Midterm high return expectedCmp 190 above 196 can give good momentum 210/230+++Longby naiteyUpdated 5
FINPIPE bullish; above 326 ? - Monday 3-June.The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders book profits at this stage SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) The above information do not constitute, financial, investment, trading, or other types of advice or recommendation.It is purely for educational purpose.... Longby JJ_BreakoutsUpdated 1
Finolex pipes cup and handle patternFinpipes has formed cup and handle. Stock has bounced from important demand zone and consolidating near trendline. Levels mentioned on chart. Good risk reward according to the levels. Idea shared for educational purposesLongby tradewithamey_Updated 5
FINPIPE - 8 Months Consolidation / All Time High BreakoutFinolex Industries Ltd 1) Time Frame - Daily. 2) The Stock has been in a Consolidation since (September, 2023). Now It has given a Consolidation breakout & Closed above it's Previous Life Time High with good bullish momentum candle & with huge volume in daily Time Frame. 3) The stock may find It's next resistance around the (price 300) in short term. 5) Recommendation - Strong BuyLongby SHRIHARIIUpdated 3
Finolex Ind Breakout in 1HR Time FrameThis share has given Breakout from Triangle Pattern in 1HR Time Frame CMP:231 Tgt: 260,280,300+ SL: 180 WCB Chart only for Educational Purpose !! Longby diliprrvUpdated 1
FINPIPE Analysis & Prediction in DTFThis is the analysis of FINPIPE in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About FINPIPE : 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. Longby suraranjanganguliUpdated 0
FINPIPE | Positional Trade📊 DETAILS Sector: Plastics - Tubes/Pipes/Hoses & Fittings Mkt Cap: 15,133 cr Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. The Company offers the latest range of superior quality and durable PVC-U pipes and fittings used in agriculture, construction and industrial operations. Its product portfolio consists of two major divisions: PVC Resin PVC Pipes & Fittings TTM PE : 31.84 (High PE) Sector PE : 80.60 Beta : 0.88 📚 INSIGHTS Strong Performer Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators 9.37% away from 52 week high Outperformer - Finolex Industries up by 13.49% v/s NIFTY 50 down by -0.87% in last 1 month 📈 FINANCIALS Piotroski Score of 7/9 indicates Strong Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 14
Break out1) breakout stock 2) stock at lifetime high 3) 300 above give sentimental support 4) target and stop loss mentioned on the chartLongby investigationofchart1
Raising channel patternGood volume buildup in this type of falling market. Taken support on the trendline after breaking the resistance with good volume If breaks the current candle high then can give good move. NOTE: I do my analysis do your before trade.Longby GreyandWise0
FINPIPE - Ichimoku Breakout📈 Stock Name - Finolex Industries Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 286. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap Longby nikunjbhadja222
Finolex Industries LtdFINPIPE - Strong breakout with good volume, momentum may continue further concentrate in this level Longby sydrabUpdated 6
Resistance 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 Please note that, if there are some big targets, those are drawn thinking for long term.Longby Breakout-Ideas3
FINPIPE – Cup n Handle Breakout - 40% upside potential250-260 has been resistance zone since last 2.5 years. Stock has given good Cup n Handle pattern breakout from this resistance zone. Target: 360-370 zone SL: Daily candle close below 260 Longby skandha1986119
finpipeA cup handle breakout seen here....target can be the height of the cup which 100 to 150 points from the bo point stop loss can be placed at a closing below 185 again this has to be based on your risk appetite entry level 265 target 400 to 420 and sl 50 to 75 points from the entry levelLongby bhadralakshmi2
Multiple Indicators - FINPIPE📊 Script: FINPIPE 📊 Sector: Plastic products 📊 Industry: Plastic products Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages are on urge of crossover. 📈 Right now RSI is around 60. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 235 🟢 Target 🎯🏆 - 260 ⚠️ Stoploss ☠️🚫 - 222 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_23Updated 6
FINOLEX INDUSTRIES FOR SWINGIn this script FINPIPE, there is a ascending triangle pattern in W-TF which is going to give a breakout. this stock also performed well in the past. the MACD indicator shows the buying signal in W-TF. it also gave a breakout from a symmetrical triangle pattern in D-TF. Thus, it shows the positive short-term trend. target- 20% (above 300) stop loss - below the ascending trend lineLongby chandru_71202
FINPIPE Waiting for Breakout NSE:FINPIPE This Near The Resistance Two things Happen Revers took to support then Breakout OR Breakout Retest the Resistance Move HighLongby Maker-X19062
FINOLEX INDUSTRIES - Swing Trade - 25th March #stocksFINOLEX INDUSTRIES (1W TF) - Swing Trade Analysis given on 25th March, 2024 Pattern: SYMMETRICAL TRIANGLE - Pullback candle from Lower Trendline Support - Done ✓ - Volume buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - Done ✓ #finpipeLongby TradeRyteStockzUpdated 5
FINPIPE#FINPIPE looking good above 250 WCB TGT open, this is only for educational perpose.Longby prchaudhari220
#Finolex #finpipeFinolex aka Finpipe is trying to break free again, if sustained, there is no telling where the journey will endLongby shillonggirl13
#Finpipe Symmetrical Triangle formation -breakout soon 🔥#Finpipe Symmetrical Triangle formation -breakout soon 🚀🔥 -CMP 231 -Narrow Monthly CPR -volume buildup -Tgts 260|+Longby PivotXplorer1