FDC trade ideas
FDC LTD : Showing good VCP pattern and trendingFDC LTD is showing VCP set up with drop in 1st contraction (-35%) 2nd drop is (-15%) and 3rd one is (-8%) which makes it a good VCP setup. The stock is also trending above its 200 and 50 MA indicating a decent momentum in the stock.
Disclaimer: I'm not a SEBI certified financial advisor and this is not a stock recommendation. This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
FDC ltd (A good candidate to long) Stock is in uptrendAfter the downfall stock is continuously giving positive move and there is strong upside move.
It is facing resistance to hold above 255 level but soon breakout possible if you catch it on lower trend line grab it.
Positional call
Buy @250 - 255
Target 1- 260
Target 2- 265
This trade is given for short term(Swing traders)
FDC (Updated)Don't exit the trade just because the downtrend has ended. The pharma sector looks in pain but soon it will recover and this stock will give you good returns if you are holding it.
I have marked next buying levels, you may average at next support and then take the exit from the trade at least with some profit.
bullish pennant on weekly chartsshould be good for short investment purpose
disclaimer: not a recommendation.
FDC Ltd - Integrated Pharma PlayAnother silent mover in the pharma space. Above 268 this one too could break out much higher. Its a lesser known play.
Long above 268. Stop below 260.
FDC Buy SetupFDC is looking good after a big Green candle
One can buy above 175 for Target 183 and close above 183 will take it to 191, 202 and 209
SL 157.7
Risk reward is better with Target2
Buy FDC Limited with target of Rs. 200/- Stock trading at near support zone. same Idea shared on Sandur Manganese gone up around 16% check on below link.
PE :17.23
Share price is ₹166.05 vs Future cash flow value of ₹181.49, hence available at around 9% Discount.
(Share price is ₹166.05 vs Future cash flow value of ₹181.49)
Pros about company:
Company is virtually debt free.
Cons:
The company has delivered a poor growth of 6.80% over past five years.
FDC LongBuy FDC at 285
Stoploss of 275
Target: 350 in the mid term
Its a low risk call, Take risk as per your risk appetite. Happy Trading.
Long FDC from CMP 215Potential breakout from CMP stock can be buy from here for short to medium term
FDCFDC at lower end of a Support Zone.
Good Risk to Reward.
CMP 178
SL 165 on closing basis
Target 200/220
Normally a slow mover.
FDC: Nice Price ActionPrice enters the prior distribution zone. Stranded buyers in the zone would offer resistance to the price rise. Expect some congestion in this red zone for a while.
FDC broke out after 6 months consolidationOn the weekly chart, FDC broke out of a consolidation with good volumes. Overcoming a minor resistance at 235 should see 260 coming. Beyond 260, it's an uncharted territory.
