This stock up move as per the below prediction
1.21 Ema above 50 Ema
2.50 Ema above 200 Ema
3.Price above 21 EMA
4.21 Ema retrace
5.Stock in unmoved
5.ROCE >15
6.Debt to equity<1
This is for the educational purposes
This is the analysis of FINCABLES in Weekly Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your...
Strong reversal from lower trendline support zone with strong bullish marubozu candle and volume is also very high, above todays high it will give decent movement
#Fincables DTF
price is at long term support and today good green candle with huge volume indicates bullish move in next few sessions.
good for short swing trade since price fallen from all time high twice.
Entry - CMP
Target - Previous resistance or RRR 1:2
Stoploss - below support line
Finolex a well know company who is making beautiful structure & now ready for breakout, if this time break the trendline rejection, we can see a good upmove in upcoming days
KEEP ON RADAR
📊 DETAILS
Sector: Cables
Mkt Cap: 16,695 cr
Finolex Cables Limited is a leading manufacturer of electrical and telecommunication cables in India. Operating for more than 50 years, Finolex has been able to maintain its leadership position as one of the most diversified wires and cables companies in the country.
TTM PE : 25.93 (High PE)
Sector PE : ...
Finolex Cable Give Volume Breakout ,it just Cross Consolidation Zone Towards Targets and Price Action Shoes Consecutive Higher Highs we can Take with Proper Stop Loss of 950 & Target 1225 for short Term Investment..
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: FINCABLES
🔍 Description: Stock is around the support. And we can see bounce till teh Resistance.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Multiple IB breakout
Can be added on retest of Previous ATH Level or can be in parts now
SL: Below Previous Swing low
Target: 1095/1180
DISC: For educational purposes only. Please consult your financial advisor before any trade.
FINOLEX CABLES is showing a all time high breakout, volume is also good so one can gain 75%
CMP : 830
TG : 1300
SL : Below 20 EMA or as per your knowledge
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
#FINCABLES trading above Resistance of 1125
Next Resistance is at 1721
Support is at 630
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support 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...
Fincables ( FINILEX CABLES) is at best point where you can buy it.
Target may be 1270 by this month.
Note : This is just for learning and backtesting purpose.
