FSL CMP 102.35 DATED 22.2.2021FSL CMP 102.35 DATED 22.2.2021
Head & Shoulder Pattern on Daily chart
buy avove 104 giving tgt of 120+ sl 93.
It is just a view pls trade with your own risk.
FSL trade ideas
Go long on FIRSTSOURCE SOLUTIONAscending triangle pattern n also in 15 min time frame 50 EMA came over EMA 200
Short FSLIt has broken strong support. One can short it and the person holding it may sell and buy at lower levels
FSL Daily ChartStock has retest the BO levels(109)
SL would be 101.5 is a latest HL.
Also stock is respecting 0.3 Fib retracement levels (104.35)
Holding the SL would take the stock to move another 25 points up from current level
FSL - Good Buy above 111FSL Looks attractive to Long at 111 level.
Validated the resistance once, amazing buying volumes and strictly following a trendline.
Talking about the fundamentals, P/E ratio is also less as compared to the industry.
FSL - ATH and breakout with Great volumesDont blindly chase momentum and buy breakouts. Wait for Ideal Trade location in order to manage risk properly.
If you are very tempted to Trade Breakout then buy 30% to avoid FOMO and remaining at test of Demand.
SL for Short term traders is close below 99
SL for Swing traders is close below 93
Remember you are here for the long game and not thrill. Hasty decisions will make you panic and exit prematurely.
Good Luck!
Swing Trade Idea #239 : Long on FSL This is a public swing trade idea 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 it 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.
short term bullish breakout in fslFSL, giving short term Inverse Head and shoulders breakout. Stock is about to break trendline and then Tgt will be 125/130. Invalid below 100
FirstSource SolutionAfter breaking its all time resistance Fsl retraces and can go high . you can choose it as a long term investment
Inverted H&SUptrending stock Consolidates and formed inverted H&S pattern.. And breaks the trendline with good volume.
BUY aroud 100
SL and Targets are mentions.
Happy trading traders.
FSL: inverse H&S as continuation patternA nice Corrective price action has been seen in previous sessions. The correction took a formation of Inverse Head and Shoulder pattern. One should buy the stock with SL of 95 for target of 123 region.
STOCK FOR 23-FEB-2021 - FSL (Resistance Breakout)Level mentioned on chart
Thanks
Piyush Gupta
Learn & Earn
FSLBroken channel as well as resistance with big bullish candle and the price is making reversal and might retest the fib level and move upwards.
