FSL trade ideas
Buy FSL ABOVE 190 for 20% upside Buy FSL ABOVE 190 for 20% upside stop loss 180
Pattern : Rounding bottom & trend break oup
FSLFirst source solution can reach 202 Price level. Good volume in break level. Focus on this area 187. If sustain above then price will move up side. If you find any bullish sentiment in this 187 area then right time for enter.
FSL ANALYSISFOR LEARNING PURPOSE
FSL- I am going to buy this stock as this stock is looking better and its trying to go up
Reason- Its not over extended for now and it has the potential of doing good
I am buying for minimum 30% with SL of 12%
FSL Bullish; above 176.5 on Wednesday 30 Nov. The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
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%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"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 may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday 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
Stop Loss: @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Amazing breakout on Weekly / Daily Timeframe - FSLCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
FSL NEAR 52 WEEK HIGH BREAKOUTAdd FSL to the watchlist for a nearby breakout, if the stock can cross 175 then a breakout will occur and a rally may start however, there is a possible downside if it fails.
Support at 156.
Plus the company has good fundamentals for a long-term investment.
#Do the research
FSLBeautiful structure formation.. only negative I see is lack of volumea today.. let's see if it picks up and breaks with good volumes
Pole and Flag Pattern on Weekly chart Very Good pole and Flag formation on the weekly chart of FirstSource.
Byu above 132, SL 122.
Note: Please maintain good risk to Reward, as per your risk appetite.
BULLish--uptrend
--T-180+
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
LONG $NSE:FSL (WEEKLY BREAKOUT)Clear strength in the IT sector and FSL has broken out on the weekly charts and once it crosses friday's high the momentum can take it to the levels of 165-170 positionally with 138 acting as a strong support on daily closing basis below which it will turn weak.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
Rounding bottom breakout - SL 150, Target ATHFirst Source Solutions is a global provider of business process management services. The company offers wide range services in area of banking and financial services, telecommunications and media and the healthcare industry. The company has over 18,500 employees working across its 36 centres located at India, US, UK, Argentina and the Philippines.
From a fundamental perspective the company has shows it's intent to expand it's operating margins going forward, Also it is at P/E ratio of 21 which is lower than it's competitors making it a bit undervalued.
Long Or Short Term Trade.Buy Partly at Current Price also average at around 145
1st Tg : 167
2nd Tg: 189
With S/L : 122
Just Learning Purpose.
Firstsource Solutions | FSL | Swing trade | BreakoutFSL started to fill the imbalance occured due to price drop earlier occurred.
FIRSTSOURCE SOLUTIONS - 125% RETURNS!!!BUY - FIRSTSOURCE SOLUTIONS LIMITED
CMP - Rs. 133
Target - 1: Rs. 178
Target - 2: Rs. 224
Target - 3: Rs. 300
.
.
Technicals - Bullish Flag BO
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
First Source Solutions Showing strong Signals.The Script is trading above the EMA currently showing good support level above 60days EMA.
It is also forming a cup pattern and likely to complete it without any issues. Has strong fundamentals.
