📊 DETAILS
Sector: Auto Ancillaries - Head lamps & lights
Mkt Cap: 2,783 cr
Fiem Industries Ltd was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989, in New Delhi and was founded by Mr. J.K. Jain. It is engaged in the business manufacturing and supply of auto components like automotive lighting.
TTM PE : 18.73...
FIEMINDIA- VCP in Making by SG Gallantispat
1) Accumulation has started and After breakout it is retesting
2) Retest if respected
3) Breakout is possible so Buy for LONG
Follow and upvote
#FIEMIND trading above Resistance of 2317
Next Resistance is at 3624
Support is at 1510
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
This stock may be best suited for a long position, especially for those seeking a buy-and-hold strategy, anticipating substantial gains without losing confidence due to its promising future momentum.
Entry only If gives closing above 2170 on weekly basis.. Keep trailing SL alongside the trendline.. Target 2800 .. RR looks Favourable..
Only For education purpose.. Do your own study before investing!
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadning Pattern
📌 Symbol/Asset: FIEMIND
🔍 Description: Stock is in a Broadning Pattern after an uptrend, which is a bullish sign. We might see huge upside after a breakout of resistance
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one...
Bullish in MTF
made bullish continues pattern on WTF and DTF
made pattern within pattern
one can enter at current level
or below
and keep STOPLOSS just below
20EMA daily
if price closes below 20EMA in DTF just exit
The co. enjoys a significant market share for the supply of automotive lighting & signaling equipment and rearview mirrors to Two-wheeler and Four-wheeler OEMs. It has diversified its product portfolio by venturing into LED Luminaires for Indoor and Outdoor applications and Integrated Passenger Information Systems with LED Display. It is a sole Supplier to Ola...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: FIEMIND
🔍 Description:
Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
#FiemIND is an auto anilliary which posted good quarterly results with no %age change in costs. CMP is 1789 and can go to 2070/2300 and in long term to 2600 as CnH target.
Fiem Industries has done its retest and now one can buy it for targets of 2000 while keeping a stop loss at 1650. Auto Ancillary and related stocks are looking solid.
