Finpipe (W) - Cup& handle formationFinpipe (W) - Cup& handle formation
Narrow Monthly CPR
Verge of breakout
Volume buildup near breakout zone
FINPIPE trade ideas
FINPIPE - Bullish Consolidation with Volumes NSE: FINPIPE is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 13% to 19% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
FINPIPEFinpipe Bullish Sing for Swing Trading, It's Trading Above 100 DMA & as Well as it's 20℅ revered from last 3 month Low
Swing trade - FinolexThis stock has broken out of 50 EMA and making a short term breakout of 2-3 weeks.
EMA: Stock is above 50 and 200 DEMA.
MACD: positive
Volume: Above average.
Current view is bullish with expected swing trading target around 10-12% and is very decent target for swing trading.
Bullish Pattern in FINPIPE Stock is going up in a patterns. And currently Stock is around the support.
We can see huge momentum in the stock is Support is intact.
Stock can touch upto 270-280 levels.
FINPILEclosed above 100 DMA 206.68 with increased volume. negligible debt. big reserve in balance sheet. book value is increasing continuously for last 3-4 years. FII/FPI have increased holdings in recent quarter.
FINPIPEMomentum Stock
Sector - Pipe industry/Construction materials
Time Frame - Daily
-- A good consolidation after an uptrend seen
-- Some buying seen
-- A breakout above 213 may be a good trade for momentum
This is not a buy/sell recommendations, this is only for educational purpose
Hammer in FINPIPE, 1D NSE:FINPIPE formed Hammer and gave rejection on 50 ema and today it gave closing above it with above average volumes.
Entry : 228.25
Target : 250/280
SL : 210
RR : 1.22
Trade-52/100-FINPIPE-R:R Experiment-BuyBuying FINPIPE in DAILY positional trade
Good structure making HH-HL.
Finolex Pipes Cmp 247 Rounding BO & Volume RiseFinolex Pipes Cmp 247 dated 1-9-2023 (2.12 pm)
Weekly Chart (Positional Trade)
1. Rounding Pattern BO 245
2. RSI already done BO
3. Price Rise with Volume Rise
Buy @ Cmp for tgt 275-300-315-330-350-365
SL 220
It is just a view, please trade at your own risk.
BREAKOUT, FINOLEX IND, 61% RETURNS!!!BUY FINOLEX INDUSTRIES
CMP - Rs. 230
Target - 1: Rs. 294
Target - 2: Rs. 370
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Timeframe - 3 months - 6 months
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Technicals - Cup Pattern
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This is just a view by an expert analyst, please invest at your own risk.
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Long Trade in Finolex Industries Ltd.Best Buy in the Range of 175-180
Target- 190/210/235
Stop Loss -@160
Reason To Buy :
Good Support from the lower Trend Line
Bullish Breakout of Falling Wedge structure.
Good Risk To Reward Ratio.
Note:
This idea is only for the educational purpose.
Trade at your own risk.. Happy Trading .
Thanks..
Finolex consolidation breakoutVery high probability upswing of +20% possible. Following are technical reasons
1. Made good double bottom at weekly 200ma
2. Good support at 50ema (there is tendency to respect 50ema)
3. Also took support at 155 which was earlier resistance.
4. Now we see it breaking out of consolidation.
Target 205 and 230 possible SL can be at 155.
FINPIPE : Potential Breakout Candidate#swingtrading #finpipe #consolidationbreakout #breakout #flagandpolebreakout
>> Beautiful Structure Range Breakout >> Impulsive Move >> Consolidation >> Pennant formation
>> Perfect Breakout Candidate
>> Good Risk Reward Ratio (min 1:2 RR or possibly more if u hold longer)
>> Good Strength & Volume in stock
Swing Traders should focus on 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
BUY FINPIPEFINPIPE has form double bottom can buy 182- 186 with stop loss of 179 for target of 195 and 204 for short term swing
FINPIPE MOMENTUM SWING TRADE STOCK constriction SECTOR BULLISHSwing trade with momentum stock
debt free company
Rsi above 55
constraction material in good demand.
VIEW ON FINOLEX PIPESChart is good
Can Buy for an up side move
Target 220/230
Stop loss 200
I am just representing my views.
For educational purpose only.
Finolex Industries LtdFINPIPE - Short term
Multiple pattern breakout
Buy CMP - Tgt 195, 205
This is my view, invest at your own risk
Buy FINPIPE @ 168 "Delivery Idea 13-06-23
FINPIPE (CMP: 168.1)
Buy Price: 168
SL Below: 160
Target: 196"
CLEAR BO - POSSIBLE UPSIDE 30% from current levels Keep your stoploss at 195.
CLEAR BO - POSSIBLE UPSIDE 30% from current levels , Good Volumes are observed.
Finolex Industries DISCLAIMER
it's just my technical view. I'M NOT A SEBI REGISTERED ANALYST. Before taking trade or Invest consult your financial advisor.
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