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Monday events will bring into a nail biting situation! "Let Future Decide Your Future"
FEL will close around 12 this weekend. Monday the judgement in the Singapore arbitration court favoring the combo of FEL&RIL will take the stock towards 15<20.
Pattern shown is effective before end of the month for a good run beyond 15 in November!
TARGET 1: 24.5 After hitting target it will again go down from 24.5 DICLIMER:this is only for education purpose
Buy FEL ABOVE 51 (wait for the breakout) T1: 68 T2: 88 T3: 105 SL: 43
All Details in Charts. This Analysis is for Education purpose only.
shift in trend line, target 80 long term target open above 150
1) On Breaching 39 Levels with volume we can see more upside in this counter. 2) Macd Shows a positive Break If 39 levels are not breached it may fall down to 38 levels. First time posting my idea on tradingview :)
>>HERE IS THE DAILY CHART OF FEL( FUTURE ENTERPRISES LIMITED). I HV DONE SOME ANALYSIS AND FOUND IT INTERESTING FOR LONG TERM INVESTMENT. S1---> IT WAS RESISTANCE FOR HIGHER HIGHS AND IT HAS BROKEN NOW, AND MAY ACT AS SUPPORT(S1). S2--> IF IT RETRACES BACK THEN IT MAY LAND TO WEEKLY 50% FIB RETRACEMENT LEVEL(S2) V1,V2,V3----> THESE ARE BIG GREEN VOLUME SPIKES...