FILATEX INDIA had a pretty bad year. The stock has been falling for almost a year now after making all time high during January 22. This is a long-term idea and entry will depend on the market conditions. All levels are marked in the chart itself. 2nd Target - 70
Filatex Cmp 108 dated 27-9-2022 1. Reversal from Support Line. Buy @ Cmp for target 116-123-127-128-143-175 SL 95 PROS Company has reduced debt. Company is expected to give good quarter Company has delivered good profit growth of 47.4% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years...
Filatex India is looking good for long. Keep on radar for BO.
POSSIBLE UP MOVE EVERYTHING IS MENTIONED ON THE CHART DEEP VOLUME ANALYSIS + BREAKOUT + ADVANCE ANALYSIS NOTE - THIS is for educational purposes only. This is not a recommendation. I am not SEBI registered.
FILATEX INDIA daily reversal spotted from buying zone also having 200 ema support. Good to buy at 112 for target of 138 with SL of 102.
Go bullish.. higher levels wrt earlier publication marked. Beyond which the trgt can be further viewed as 138. Study for academic purpose
Filatex corrected from its high, made a consolidation and appears to resume its up trend Risk Reward 1:4 Also a symmetrical triangle BO
Breakout with good volume and retrace on low volume, can be a good buy at CMP TGT - 140 & 160+ SL - 110 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here....
1. Strong Resistance Breakout (Weekly) 2. All time highs 3. Volume Interest (Weekly)
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Filatex is on all time high keep in watch list.....
Posted 06.01.2022 FILATEX INDIA stock above 118 for a target 122 and today the stock made a high of 128.
Ascending triangle breakout and made ATH. Target : 160 SL : 115 WCB Only for educational purpose. Not a recommendation.
Disclaimer: Indian. SEBI unregistered. Charts produced are for personal reference only and not any recommendations.
FILATEX INDIA as per daily chart analysis stock above 118 for a target 122.
NOT SEBI registered. Charts produced here are for personal reference only and not any recommendations.
Filatex has broken out with good volumes from inverse head and shoulder. RS is +ve and RSI above 60. This can give 30% or more returns in quick time.
Filatex is approaching its long term resistance of 178. If broken it will break out for higher levels. Next target will be atleast 15 % higher than the resistance marked on charts. Analysis for academic purpose.