TradingView
Paras_gujjar
Feb 28, 2023 8:00 AM

Multi Year breakout  Long

FOSECO(INDIA)NSE

Description

Confirm multi-year breakout on this stock as :
Cmp 2220
TGT 3000-3200-3500++
Sl below 2080

Positive Factors as :
Increased FII Holdings
Good Q3 results
FV 10
Good P/E ratio
EPS 60+
ROE 16+
Follow strict stop loss as the market is unpredictable

Note: Just an idea not any recommendation to buy or sell the particular stock.

Trade active

Will add. More quantity if close above 2460

Trade active

Added few more quantities at 2465

Comment

Will add more once the stock cross 2580 closing
Comments
Paras_gujjar
Gave a new breakout with the retracement from 0.382 indicating strong momentum to come in the stock .. lets just wait for the pull back n will enter again now
Paras_gujjar
Made high of 3930
Paras_gujjar
Touched 3500 recently and still looks good
Paras_gujjar
The diamond in the portfolio 💎
Paras_gujjar
Almost near the target 🎯 may be one more session will do the rest 😜
Paras_gujjar
Today up by more than 9% itself 💎
Paras_gujjar
Script crossed 2560 .. so buying more quantity here
Paras_gujjar
ROI 12+
More