Monthly chart of FSL price at lower trendline support.Stock can be bought keeping longer lerm view.May Consolidate here for some more time & could breaout thereafter.Last 3 year range 30-50. So one can expect to test 50 if 30 not broken.& then if 50-54 broken Stock may test upper trendline of the channel.It is buy & hold stock.Stoploss of 30 can do.
On monthly chart, it is been observed that the price action formed a bullish cup-handle pattern that indicates continuation of trend and further upside movement. It is a great opportunity to invest in this particular stock at current price levels to gain more than 55% returns.
Target: 67
Stoploss 29
Duration: 6 months
