FUTURE LIFESTYLE F FLFL - Weekly Breakout retracement in progress, With SL 350, One can buy for targets 373,385,397,417
entry @ 350/360 target 450/480 time : 45 days
FLFL broke out of 65 rupees rang of 295-360 few days back. So expecting 65 rupees upside from 360 giving tgt of 425. SL below 20 EMA, which is currently at 352. We hold.
FLFL has been consolidating for some time now, squeezed in very a narrow range. Stock has had volume surge today with high delivery percentage of 96%. Buy as close to 315 possible. Accumulate before it starts its next rally. We might see some action in this week or in next week for sure. Note : This is my view about this stock, please carry out your own...