Finntastic

Finntastic

1. This company has a monopoly in this sector and it's a fundamentally strong stock too 2. It has corrected more than 45% from its ATH (All Time High) 3. Current overall scenario is bearish no doubt and therefore entries from swing trade perspective is not valid until it consolidates/ranges for sometime 4. From investing purpose (which is of long term) it can...

Finntastic

Logic behind the Trade 1. This scrip has bottomed out after staying there for a long time and in recent trading days it has started an upward movement 2. Recent bullish momentum was seen and after a small retracement & it was followed by a bullish engulfing candle which shows a further bullish momentum continuation 3. RSI above 50 now thus showing strength...

Finntastic

Logics behind the analysis 1. Bank Nifty is in strong bullish momentum 2. This scrip has shown strong bullish run in recent times thus it's a momentum based trade (just like in traders language "Trend is your friend") 3. Post strong bullish run it's in a rest mode now (profit booking) and therefore it's ranging/consolodating 4. Bigger the...

Finntastic

wait for the channel breakout

Finntastic

Wait for long postion