Finolex Cables - History repeatsAll trade ideas provided are the opinions of the publisher and should not in any way be considered as financial advice. Please do your own research and consult your advisor before investing in stock markets.Longby maaz2281
FINCABLEWith increased volume............. ............... .................... ................. ...........Longby PratapPaul1
FINOLEX CABLES BULLISH BIAS Great Structure Bullish Bias Stop Loss 440s Level Target 540s Level Divergence Stock is shaping up nicely Pullback based on Lower volumes RSI bouncing from Support LevelLongby Harshil_g5
Finolex Cable Cmp 475 dated 6.9.2021Finolex Cable Cmp 475 dated 6.9.2021 1. Parallel Channel Support taken @ 440. Buy above 482 for a tgt of 500-525-540-560 SL 440 It is just a view, pls trade at your own risk.Longby SHEETAL_UDESHI0
Finolex Cables- High probability trade | Impulse + consoldiationFinolex Cables has been moving in a rising channel since March 2020. It has been following a repetitive pattern of impulse followed by box consolidation. Every time it moves out of the consolidation, it retests the previous swing high. This can be a high probability trade since there is a confluence of Fibonacci level as well as 200MA on the 4hr. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Longby johntradingwick2223
Finolex Cables LimitedBullish flag breakout in Finolex Cables Limited. can take long position for short term.Longby Swing_Trading_Chart0
FINCABLES - Price and Trend SetupFINCABLES is moving along ascending trendline and may re-test ATH soon. Ascending Triangle pattern is forming on weekly TF. Longby MrGaggi2
The stock is at its important support. When a stock is at its support its last chance to bounce back.. And if it break the support and trade 10-15 min below it facing resistance of PDL(Previous Day Low). The u can also take short position. by abhishekbhakat60
Looks bearishBy blending it is forming a bearish candlestick.. Maybe bearish for short term Shortby abhishekbhakat61
Something cooking in finolex cables , on breakout one can enterSomething cooking in finolex cables , on breakout one can enterLongby ganeshganjare1
FINCABLES: Breakout! UPSIDE 16%Stock is moving up with very high relative strength and both technicals and fundamentals are strong in the case of market indices correlation. Price is in the trending phase with Higher-Highs of 0.3-0.5 fib retracement which is considered as a fast trending pace of a particular stock. Recently the stock has given a breakout over the distribution phase and now on the way to the sky. Below I have mentioned an overview that should be considered & necessary before you jump through this! Points to be Note (Technical + Fundamental) 1. Structrue- Higher: Highs formation (no aggressive formation yet) 2. 1D Critical Demand Zone Candle formation ( Act as a short term healthy correction) 3. Market Cycle: Distribution Phase with strong bearish pressure (1D) 4. Support: Above 50MA 5. Resistance: Pending (yet not made all-time high since 2017) 6. Retracement Levels: 0.3-0.5 Fib (fast pace) 7. Relative strength: Postive at 2.1 bounce form 0 shows 8. Volume: Low volumes with -6% Buyers may lead to strong volumes in upcoming session with highest strength oscilation of +40% with could be gain Relative strength which is settled near 2.00 from top 6.00 9. Beta: 0.65 Not aggressive... Reliable number for Value investors. 1. PE: 17 Considerable as compare to its peer polycab. 2. Marcap 2nd largest company followed by polycab India 3. D/E Ratio: 0.00 (7cr) almost zero as compared to reserves. Debt-free company 4. Book-Value: 2.29 More than double! Negative outlook but again considerable and remain neutral outlook as to its peer (market leader) having 6.20 polycab India. 5. Sales: Decreaded by 3% 6. Sales to OP correlation: Affected but very insignificant 7. Sales to PAT correlation: Surged by 17% YOY 8. ROCE & ROE is 19.6% vs 14.4% 9. Reserves: 13% Increased fairly 10. Investing Activities: 851Cr non-asset investing has been identified might influence future earning growth. That's it! NSE:FINCABLESLongby rajveerscolia1
FINCABLESGreat chart setup with an upside Tg-550 and SL-399.1. Volumes have been rising from past few days and a long term resistance have been broken with huge volumes with a clear indication of enterence of smart money. Moreover, CRS has a trendline breakout meaning in the coming few weeks it may outperform Nifty 50.Longby abhinavjain97Updated 4
[Positional] FinCables Huge Cup n Handle Breakout!Super long positional Invalid below 400 “If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.” – Bill LipschutzLongby Tradilife0
FIN CABLES BREAKOUT FLAG AND POLE FIB 60% RESISTANCE ALSO GET BROKED FOR LONG TERM IT WORTH HOLDINGLongby swaruppatil1382
Long live Finolex cablesInverted head and shoulders patter breakout Volume breakout Longby Electricbomber1
FINCABLES POSITIONAL TRADE @ 475 SL 350 TGT 550-650-750+Stock was in long time down trend made low of 160 around last year and trend reversal done by making bottom there. From Last 1yr price is in continuous uptrend breaking import horizontal level too with very good volume recently. POSITIONAL TRADE OPPORTUNITY (4-6months holding) BUY @ 475 SL - 350 TGT - 550, 650, 750+Longby traderntravellerUpdated 3
Cables stocks in focus(Finolex cables)Finolex cables is about to give a breakout ahead of strong accumulation as shown by volume bars Long above 430 SL 340 Target 600 Longby harshvardhan99Updated 4
how bulls got trapped todaybought at the levles of 429 today it touched 460 , but the operator was so strong that u can see the lower wick of the candle of today 9th June ,my all profit got vanishedby akshay341995Updated 0