Finolex Industries Positional Long for 6 months to 1 year time
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
In clear uptrend since 2013.
Started retracing in 2018 & that down Trendline has been broken. Previous resistance of 540 has been turned into support.
Good entry point for a swing trade as well as investment purpose.