As can be seen trading above the cloud and being more strong that the relative market of Nifty. The stock can be added on dips. at the Tenkan and Moving averages.
#FILATEX was bought at level 40 2 years back and stock moved 250 and then announced 5:1 and now again stock movingin same way there is support at 40 target 100-200++
To All Members , Filatex has shown Positive Divergence with RSI Which Indicates that It can Give A Good Move in Short Term ... Approach it for Targets of 238/250/262 Rs. ... Good Luck !!!
Filatex India Limited is engaged in manufacture and trading of synthetic yarn and textiles. The Company manufactures polyester and polypropylene multifilament yarn, and polyester chips. The Company manufactures various types of synthetic yarns, which include polyester partially oriented yarns (POY), polyester filament yarns, fully drawn yarns (FDY), textured yarns, nylon filament yarns, polypropylene mono filament yarns, and narrow fabrics. Its range of POY includes semi dull, black dope dyed, bright, FDY bright and FDY colored. It offers its clients textured yarns in all permutations and combinations, which include set, intermingled, crimped and interlaced type in semi-dull finish. It produces micro deniers ranging from 0.5 to 0.8 deniers per filament. It manufactures polypropylene multifilament crimp yarns in different shades and deniers, ranging from 65 to 300. It manufactures monofilament yarns in a range of diameters varying from 0.08 millimeter (mm) to 2 mm.
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FILATEX
