FINCABLES trade ideas
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+
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
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 vanished
Finolex Cables - Watch Only ViewFinolex Cables :
Though not a Perfect INHS, Looks Great if 500-510 level is sustained, Currently at strong resistance
Just Watch
FINOLEX CABLES near 52W breakoutThis idea is published for educational purposes.
Comments and suggestions are welcome.
FINCABLES FROM 4 June 2021Stock has given breakout _> then retest also done
good upside movement can be seen
right-now it is in resistance zone from historical downside price level if comes down good buy recommended
FINCABLESAfter giving a breakout consolidated for a while and now ready to fly. Buy above 480 TGT 540 SL 455. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Finolex cables looking good for next leg move after BOFinolex cables looking good for next leg move after BO
intrday pick -31 may - fincableflag and pole on hourly chart
just macd going to cross down but a buy spike can be seen
need to be open above previous day close
52 week high is broken few day before and price is cooling down, a last spike of buy can be seen as base is form which is our stoploss
FINOLEX CABLES- BREAKOUTA BREAKOUT OF A RESISTANCE IN THE WEEKLY TIME FRAME WITH VERY GOOD VOLUMES. THE BEST BUYING RANGE WILL BE AROUND 427-430 LEVELS. TARGET 1- 455 TO 460.
The most basic elliot wave pattern After a perfect retracement of 4th wave we are in all probability heading to a new high ie 5th wave
