Textile will pick up as businesses move from China to India. Indian govt also trying hard to give rebirth of Textiles.
Filatex seems to be perfectly positioned to take advantage of policy changes.
Green trend lines are the targets and support levels.
With CCL results nearby good business and market share captured by the company. Prices of commodity also taken sharp increase of 70%. Revenue is expected to increase. The triangle seem to converge and breakout expected.
Current in accumulation mode. Can blast for 350 levels very soon.
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