FDC 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
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...
Disclaimer... not an investing/trading recommendation
Potential breakout from CMP stock can be buy from here for short to medium term
FDC : weekly Break out based on my Aroon strategy
FDC 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.
Price 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.
On 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.