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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!
good for long
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)
Price double bounced at my 50%Fib level.Break of trendline will warrant to fly!!!!!.PROJECT AND ANTICIPATE!!!!!!
shift in trend line,
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 :)