#FOSECOIND trading above Resistance of 3279
Next Resistance is at 4799
Support is at 2264
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Multiyear breakout stock. Breakout followed with a high volume bullish candle.
Excellent Risk Reward trade about 1:3.
Entry above 2460
SL below 2330
Target around 3000 levels
Not a recommendation.
NSE: FOSECOIND
If Breaks then target could be taken at 1159 as a good Target
Time Frame :- 1 Month
Patterns Name :- Inverse Head and Shoulder
Have a Nice Day to you all
Made By MAYANKTECHRESEARCHING
Comment Below If You want to ask me questions on this on any other idea
Conclusion :-
A Inverse Head and Shoulders which is completed now with breakout shows some...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
4.8 Years #Multiyear #Breakout under Upward Parallel Channel at #FOSECOIND (Foseco India Ltd) Weekly Chart. Its #Outperformed #Nifty.
BSE: 500150 \\ NSE : FOSECOIND
What Is the Inverse Head and Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the...
buy above 1870 for swing trade
for swing keep stoploss below 1770
target 2070, 2300
keep booking profit partially and trail
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
FOSCOIND
- Stock looking very bullish on charts and ready for breakout.
- Consolidated from FEB till now again ready to move UP.
- Breakout is Multiyear from 2018.
Keep on radar.
Buying Price Above - 1730
Stop loss - 1680
Targets : 1st - 1811
2nd - 2000
3rd - ...
