wait till it reach around Rs 300 and then sell it 1st target 285 2nd target 275 follow money management
Charts are speaking....
Bullish Bat pattern on 4H Chart of FUTURE RETAIL. BUY 451-452, SL 447.9, Target(s) - 457, 459.
there is a small support around 419, if that is broken, then straight downfall!
Stock started its upward journey in Dec,16. The Stock turned out of be a multibagger giving returns of about 468% in just one year. However from last one year stock has been trading in a range of 200 points ( 640-440 levels). Hence , a decisive break is needed to see a trending move in the stock, till then wait and watch.
Buy FRETAIL upon a close above 538.50 on day chart Targets open SL: 448
FRETAIL day chart study - Range breakdown -Bulls' time to exit
FRTL has created lower highs in each session, with reducing the gaps between its highs and lows, which might converge in the near term
Aroon up shows a strong reversal (14 days), with chande oscillator reaching its support levels, a strong recovery in its new high will be seen, with a target of 492
Let us hope it closes above 454.95, above 2/1 angle
Described in the chart
Future Retail Limited can be entered above 582-585 on closing! Stock is in strong uptrend on daily with good volume build up and momentum.
T1 578 T2 644 sl-545 BUY ONLY AFTER BREAKOUT OF STRONG SUPPORT
In the near-mid term we get a small profit booking, we will try to accumulate partially 544-509 due to preceding trend not follow the trend line then suddenly raised & corrected, if it repeat same might be possible to break support trend line and make a lower low, instead hold support zone we can take partially and after confirmation will accumulate...