Fertilizers And Chemicals Travancore LimitedWedge breakout with very high volume in Fertilizers And Chemicals Travancore Limited
FACT trade ideas
FACT Stop Loss Hit, 5% Loss in 18 daysOn Aug, 2,2021 Shared FACT With Following Details
Stock : #FACT
Buy Option 1 : Buy @ 140 to 145
Buy Option 2 : Buy @ 130 to 135
Stop Loss : below 129 or As per your risk profile
Target : book partial profit at 152 and trail rest,
Risk : Medium
Duration : 1 to 4 Months.
Note : 152 is rejection area.
Breakout : Weekly Closing above 152 will confirm the breakout
Fundamental : Use Any Website that you wan to use for fundamental Analysis
Easy Money Setup (20,50EMA) PART-2The stock is clearly visible to be taking support of the 20 and the 50 EMA , one may go long Positional at CMP with a TRAILING STOP LOSS RS 2-4 on closing basis below the 50EMA line.
FACT / Cup and Handle / R:R 1:8Fertilizer and Chemicals (FACT) has broken its resistance with good volumes and now the price is at retest. At retest the price has shown strength.
Only problem is RSI
SL 130
Target 1st 177
Target 2nd 210
One tip I can give to a fearful trader is to trade smaller.
Keep reducing risk to your comfort level, and slowly work your way up.
Rome wasn't built in a day and it's the same for your trading account.
FACT longFERTILIZERS AND CHEM gave a very good breakout after forming two decent bases. After the breakout, it consolidated for a while on extremely low volumes which depict holding interest by the institutions. It again gave a breakout and can do good in the coming days.
Fertilisers & Chemicals Travancore--> Ready for a breakout?The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
FACT is Bullish!!NSE:FACT gave a breakout and pull back around Rs138-140 can be considered for good entry if it finds support there.
FACT may reach 167 , if it breakout turns positive after retestFACT may reach 167 , if it breakout turns positive after retest
This is only for educational purpose
FACT Cup and Handle BreakoutPositional Trade(4-5 weeks): FACT breaks out of a cup and handle pattern.
Buy: Fertilisers and Chemicals Travancore
CMP: 151
Target: 180
Stop loss: 130
#FACT .. Quick 10-25% upside? Just broke resistance and retested support level..
expect 10-15% rise from support level within a week....
Target range 165-170
FACT ON 1 HR TIME FRAMEIt could form inverse head and shoulder pattern, more clearity could be seen in 15 mins time frame.
[SHORT TERM] BUY FACTThe stock looks good to buy for a 10-15% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
FACT BREKOUT IN CUP AND HANDLE PATTERNFACT IS FERTILIZER STOCK AND GOOD BREAKOUT GIVEN YESTERDAY WE MAY GOOD UPSIDE RALLY IN THIS FOR TARGET 180
NOTE:- THIS IS MY PERSONAL VIEW...........WE ARE NOT RESPOSIBLE FOR YOUR FINACIAL LOSS OR PROFIT.............
FACT- Cup and handle breakout with volumebuy above 148.50 which is bo candle high in Intraday.
for positional buy at cmp and add in dips till 140 stoploss below 120
and Positional Target - 175-180 as per height of pattern.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
FACTIdea is monsoon started in too many reasons and Demand in chemicals in increasing.
Technically we seen Cup n Handle pattern on Charts with Great Volume
Good to buy between 135-144 range
it shows upside tgt 155 165 180+
With Strict SL 120
FACT longcup & handle formation on daily chart and breakout of it with good volume now it will retest level 139 and move upwards in coming sessions
so keep eye on it and enjoy a good target of at least 15%
