FINCABLES trade ideas
FINCABLES - Inverted Head and Shoulders Breakout Stock has given a Inverted Head and Shoulders breakout with good volumes .. can do 550-700 stoploss 410
FINOLEX CABLES : BUILDING FOR UPMOVE. NSE:FINCABLES
An ascending triangle is forming on FINCABLES
It may act as short term bullish reversal as if it breaks the high of the peak,
It's unable to break it in the previous 4 attempts and the range is getting narrow, has strong resistance at 430 level for almost a year.
Wait for breakout then enter.
Always define risk in prior.
For educational purpose
Not a Trade Advice or Recommendation.
Do your analysis or Consult your Advisor.
Finolex Cable Cmp 450.55 dated 25.5.2021Finolex Cable Cmp 450.55 dated 25.5.2021
1. Long 16 months Ascending triangle breakout
with huge volume.
2. RSI also giving breakout.
Buy for tgt of 550 - 690 SL 420
It is just a view, pls trade at your own risk.
Resistance Breakout FinolexResistance Breakout done with higher volumes.
Now heading towards 500 by keeping stop loss on 425 DCB.
Buy opportunity in FinolexFinolex has broken the level which was acting as a resistance since Aug 2019.
#FINCABLES Inverted Head & ShouldersFINCABLES
After forming an inverted Head and shoulders pattern, fincables has given a breakout with strong buying pressure. Buy at the next possible pullback or retest.
Educational purpose only - trade at your own risk.
Good luck.
FINCABLES LONG VIEWFINCABLES ATTEMPTING GOOD I&S BREAKOUT TODAY
Buy FONOLEX CABLE ::FINCABLES CMP: 434/435 SL: 350 TARGETS: 480/520/560+
FINCABLESFINCABLES:- CMP 426 LOOKS GOOD FOR MORE UPSIDE :)
1) Breakout (5month range) :)
2)Volume breakout
FINCABLES Ascending Triangle Breakout-FINCABLES Forming Ascending Triangle Breakout breakout would be above 425
- Stock Is Above all Major Moving average
-Target 1- 530
-Target 2 - 630
-Stoploss-350 WSB
FINOLEX CABLES
Buy-370-380
Sl-350 Below Closing Basis
Target-420-480-510...
Time Frame-Till Diwali
Available At A Very Good Support.
Must Enter Counter With The Guys Who Have Patience To Hold.
finolex cablePrice at weekly support and bullish PA on smaller TF along with TL support. Target1 500 and Target2 600.
Fincable @383.94YoY finocable is giving better result and technical chart is giving bullish indication red line breakout zone green area is target and blue line is sl
