FSL trade ideas
3 touch points with a curved trendline breakout at FSLOn the FSL daily chart, there are 3 touch points with a curved trendline breakout. The reversal is also confirmed by the Nifty/FSL Ratio chart. I compared FSL to the Nifty and its peers over the last 123 trading sessions and discovered that it is currently outperforming both the Nifty and its peers in the sector.
BSE: 532809
NSE : FSL
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Double bottom in FSLChart -> First Source Solution Weekly
Breaking out of a double bottom pattern.
CMP: 121
Targets: 140 and 165
SL: 103 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
FSL... MORE DOWNSIDE RUN COMING... In the chart, one can appreciate the downside of Elliot's correction.
Wave 4 of the Elliot has taken the form of a triangle.
As I mentioned in my previous post about the correction in IT, one can also expect a bearish run in FSL.
Expecting a target of 96 to be reached within this month.
FSL BREAKOUT FSL looks good on weekly chart by breaking a strong horizontal resistance are where the bunches of resistances was standing now looks bullish by breaking that closing above on that with a good increment in volumes expectation is coming up move is this stock.
Cause of long-:
1- Horizontal resistance breakout.
1- Volume breakout.
Symmetrical triangle breakout in FSLChart -> FSL Daily
Today FSL has given a symmetrical triangle breakout with a huge volume bar.
CMP: 114
Targets: 125 and 140
SL: 106, daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.