FSL trade ideas
Long Or Short Term Trade.Buy Partly at Current Price also average at around 145
1st Tg : 167
2nd Tg: 189
With S/L : 122
Just Learning Purpose.
Firstsource Solutions | FSL | Swing trade | BreakoutFSL started to fill the imbalance occured due to price drop earlier occurred.
FIRSTSOURCE SOLUTIONS - 125% RETURNS!!!BUY - FIRSTSOURCE SOLUTIONS LIMITED
CMP - Rs. 133
Target - 1: Rs. 178
Target - 2: Rs. 224
Target - 3: Rs. 300
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Technicals - Bullish Flag BO
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This is just a view by an expert analyst, please invest at your own risk.
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First Source Solutions Showing strong Signals.The Script is trading above the EMA currently showing good support level above 60days EMA.
It is also forming a cup pattern and likely to complete it without any issues. Has strong fundamentals.
Go long FSLFSL is fundamentally a good company and has its operations across the globe. Since it’s launch stock has given more than 37% return YTD. After making lifetime high, stock has fallen more than 60%. It has formed a rounding bottom on weekly chart and closed above the neckline with good volume and tested the same level.
On daily chart, stock has done positive price action and showing strength for upside.
In last trading day, stock has given breakout on lower timeframe with good volume and ready to begin its upward journey.
One can buy this script in swing or position as per their risk management. Stop loss will be 120 that can be immediately moved to 135 once price confirmed the brakout of lowe timeframe in higher timeframe. Targets are mentioned in the chart.
Happy trading :)
Fsl rounding BottomFSL Rounding Bottom Breakout Monthly charts
Monthly Charts are ideal for members looking to take a trade n relax like me
FSL WEEKLY ROUNDING BOTTOM FORMATIONScrip had made it's all-time high in July 2021. Now giving bullish reversal signals.
Technical Positives
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• 50 SMA crossed above 200 SMA which is known as Golden Cross over.
• Price has shown trend reversal and broke weekly bearish super tren'd and after consolidation, it started its upward journey
• It is making rounding bottom formation.
• It gave reverse head and shoulder break out last week which also indicates bullish view
• EMAs expanding after contraction
Probable Targets
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1st 183, 29% above the CMP
2nd 217 to 229, more than 57% above the CMP
3rd 360, 154% above the CMP
I kindly request your valuable feedback on the accuracy and validity of my learning and research. Furthermore, I would greatly appreciate any suggestions on areas where I can enhance my skills and knowledge.
DISCLAIMER:
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The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my discretion, contingent upon prevailing market conditions and the occurrence of specific events.
I am not a registered financial advisor and the information provided by me should not be considered as financial advice. It is highly recommended that you consult with your financial advisor and do your due diligence before making any investment decisions.
Investing in the stock market is subject to market conditions and any unforeseen events. Also involves risk and can result in both profit and loss. You should be aware of the risks involved in investing in the stock market before making any investment decisions.
Please note that any investment decision you make based on the information provided by me is at your own risk, I will not be held responsible for any of your losses or damages, financial or otherwise, resulting from your investment decisions.
FSL for positional trade Please note this is for education purpose only.please do own research before you take a trade.
Swing trade for 3-6 monthsTrend reversal setup
breakout and retest done
buy at cmp
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
FSL on the IT sector taking the recovery for the target 200FSL stock was in a big consolidation for more than a year and has given a good breakout for the lower levels and stock is trading above its 200-day moving average and 100-day moving average. As the sector is turning up with good moves, the stock will give a good move of more than 60% and henceforth lifetime high.
FSL Bullish Flag above 200 MA Expecting to hit 175 Soon.FSL Looking good above 130-32 AS Looking for trend line break out.
Expecting a continuation move upto the major resistant at 175.
Not a buy recommendation just observation keep in your watch list.
FSL - Weekly AnalysisIn the Weekly Chart of FSL ,
we can see that, it is can give Inverted Head & Shoulder breakout.
Expected move is shown in chart.
FSLBuy: Next open price
Sell: Will review every weekend and update here
Stop Loss: No need. Will review every weekend
FSLFSL
Accumulate
Buy now, keep adding dips
SL below 110
6-12 months target 160 and then more.
ST traders should buy only above breakout of 138
Bottom Formation and breakoutBottom Formation and breakout, currently consolidating, can break its Lower High of down trend. keep on radar
FSL : CHANNEL BREAKOUT||LONG CONSOLIDATIONMy swing trading rules
1. Analysis of only F&O stocks . (200stocks daily).
2. Finding an opportunity by technical analysis.
3. Stock price must be above 50/200 Ema crossover .
FSL ready for Flag and Pole breakoutFriends, FSL ready for Flag and Pole breakout , watch out the stocks
SL 125
Entry 137 above ,
Target 156
15 % target
Firstsouce Solutions - Broken the resistanceMore than 6 months consolidation has been broken and reached its 6 month high. Can move towards 140 levels in short term. Every dip is buying oppurtunity .
FSL looking good for swing and short term tradeTrend change in FSL and registered a good quarterly result as well, it looks good for swing/short term trade with strict SL @ 113 on daily time frame closing basis. TGT1 : 143.55, TGT2 : 154
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
