According to me and the history I am referring to, the stock gave false hopes earlier to the dates given on the chart. Think before going long in this. This is only for Educational Purpose, I myself am a learner This post contains my thoughts to particular ( RELINFRA ) and will be no responsible for any kind of losses.
Buy Foseco India between 1350-1370 add in Tranches till 1300 SL 1240 Target 1480-1600-1880+++
FOSECO is an debt free company with good management and a subsidiary of Vesuvius PLC group buy at CMP SL 1100 Target 1800
1.Price sustaining above 90 DEMA. 2.Strong performance as compared to Nifty.
Exit is triggered based on #QueryBuilder analysis dated 07/02/2020
Has a strong support at 1365, target 1485, intermediate term
1400.40 - 1405 Bridge Candle Zone Once crosses 1405 with strength candle will move to 1603 CCI(D) > 100
Technical : Pennant Chart Pattern + Multiple Top Breakout! @1750 Pennant Chart Pattern Target : 2700
Foseco india gave ST brkout abv 1460. Needs to hold the same and start moving towards 1600.