FINEORG is attempting breakout from triangle pattern on 1D timeframe with high volume. It is also trading above 200 EMA. Go long after bullish confirmation.
Support is around 4850 level. Golden crossover may occur in a short while. Once this occurs, target will be at the minimum of 6000. Time frame: 6 to 9 months.
In the Weekly Chart of FINEORG ,
we can see that, positive momentum is started with W pattern breakout.
Enter at 4625 with SL as 4500 and Go long for an Year for better percentage of returns.
Expected momentum is shown in chart.
BUY - FINE ORGANIC IND
CMP - Rs. 5034
Target - 1: Rs. 6800
Target - 2: Rs. 7755
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Technicals - Bullish Flag BO
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This is just a view by an expert analyst, please invest at your own risk.
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Fine Organic Industries is engaged in and outside India as manufacturers, processors, suppliers, distributors, dealers, importers, exporters of wide range of oleochemical-based additives used in foods, plastics, cosmetics, coatings and other specialty application in various industries.
Largest in India and among top 6 global players
Fine Organic is the largest...
Subject: High Potential Long Trade Opportunity for 2X Return
Hello Friend's
I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment.
After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid...
The stock had given a falling wedge breakout and looking good for upmove. Buy above 4550 (carry on day closing basis) for positional targets of 4750 and 5000.
Learn & Earn,
Dr. Tanya Kumar
The stock has given a falling wedge breakout and has been sustaining it for 5-6 trading sessions. Now it's consolidating around resistance of 4550.
Buy above 4550 (positional call so carry on day closing basis) for positional targets 4750 and 5000.
Learn & Earn,
Dr. Tanya Kumar
Harmonic shark pattern+ Elliott wave c
Entry current level
Sl - 3720
Target -5550( Target based on volume profile
Risk reward 1:2 around
This is just technical analysis
Check fundamental .
Fine organics making a beautiful descending triangle. One or two breakout green candle is required now to confirm reversal. Old high is not far away. Moreover, Fine organics is a very good scrip in speciality chemicals space. Do keep in your watchlist.
Note: Not a recommendation. Only for educational purpose
Fine Organics Has Posted Robust Results in Last 4 QTR
While 28% Margins Are Not Sustanable Although Stock Already Corrected 34% From 7300 to 4850
It Took Support at 82Weekly EMA 2 Times
Does History Repeat?
FINEORG buy @ 5300 to 5400 zone
get good reward from this stock , it will move 10 percent from this zone to easily , grab the opportunity
THIS ALL INFORMATION JUST FOR EDUCATION PURPOSE
Fineorganics - Reasons for taking bullish trade yesterday - Channel support on weekly charts at 5950 levels + trendline support at 5800-5830 levels. Stock has gone down since then and is trading at 5646 levels currently. However, for a confirmation for support being broken we need a weekly close below 5750 levels. If stock closes below 5750, we will exit from...
