#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.
Finolex cables: TL BO , as well as Cup & Handle Pattern with strong Volumes.
Buy above 988,
Targets: 1000/1020/1040
Long term has potential of 20%-25%
SL : 774
Disclaimer: I'm not SEBI registered, contact your financial advisor before any investment
FINCABLES
1. Recently gave a multiyear breakout
1. Good Fundamentals
2. Volume expansion indicating big hands building up positions
Will scale in positions anywhere around 950. Holding period (6-12 months)
POSITIONAL IDEA : finolex cables:
Stock brekaout and taking support again. Consolidation in lower timeframe. Buy on consolidation brekout. Levels mentioned in chart for reference.
NSE:FINCABLES has given a fresh breakout and the stock looks good for future gains. Keep a stop loss at 920 and go long. Cables and wires segment is doing very well in the market with great relative strength as compared with the index.
FinCables, the popular stock, is making waves in the market today! I'm here to provide you with an educational and informative technical analysis of this potential breakout opportunity.
Key Details
FinCables is trading at an all-time high, indicating strong bullish momentum in the stock.
today, we witnessed a breakout of the previous high with an...
Trade Details
Name of The Stock: Finolex Cable Ltd.
Stock Category: Small Cap
Trade Type: Positional Trade or Momentum Investment
Duration: More than 60 days
Entry Level: Ranging from 940 to 975
Stop Loss: Initial 865 (Trail accordingly)
Target-1: Aiming Above 1200 - Prepare for the Surge!
Chart Details
Breaking Barriers: Finolex Cable Emerges...
Target 938
SL 860
Entry 887
stock can give a breakout but it would be good to enter at 887 levels because it can give it space to do a retest and then a move!
Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chart is self explanatory.
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.
