This analysis is inspired after a well wisher asked me a query on this stock. I see this stock has had a pattern so far of jumping from the 20 SMA in the form of a pennant pattern while riding the Rising Parallel Channel. This time around the 20SMA support is formed near the midline of the channel which is why I suspect the channel resistance can be...
Filatex - Has Bounce of the Flat Kijun to a new ATH. Chikou Free and Clear / Future Kumo Bullish / Higher TF Bullish Could take long positions with SL @ 85 (Below Senkou B) Tgt 140 / 160 / 190
Filatex forming Falg pattern buy above today high
FILATEX HIGH RELATIVE STRENGTH AND GREAT QUATERLY EARNINGS
Already brokeout from the base slight pullback going on... Buy Range: 103 (within max 5% from breakout level) SL: max 8% Target : 10-20%
Negative Divergence and also rejection near resistance level. Looks like Price going to dip. Just my point of view, No Trade advice.
FILATEX - DAILY Good Breakout with strong candle. Great Volumes. Buying suggested on Price retest levels. Targets as per Fibonacci. By - Rahul_Mathur
NSE:FILATEX BUYING RANG 80 TO 100 SL RANG 50 TO 55 TGT 200 TO 250
As the stock is in high momentum but MFI is giving a negative divergence we can expect a dip in the price so enter accordingly as mentioned above. Also stock is having good volume which is another good indication to enter. Stock has also given a multiyear breakout. #educational #investment #stockstobuy
Price volume analysis Disclaimer For educational purpose only
Filatex Cmp 74.05 Dated 7.4.2021 Flag Pattern & Cup & Handle Pattern on daily chart. Giving tgt of 90+ SL 63 It is just a view, pls trade at your own risk.
Already this stock idea shared when it was in 68~72 range, last time reached up to 81 but again re-tested 68~69 level due to Covid19 breakout in India. I was holding my position with entry taken 68 level. it is a clear CUP& Handle break out and Target 129 must reach in 2~3 weeks or before if momentum continues. Now strong result in Q4'21. Operating profit in...