A potential swing trade in Finolex cables , a prominent figure in the cable manufacturing sector. Reasons are listed below : The stock bounced convincingly from the strong support level of 850, indicating solid buying interest at this price point. A hammer candlestick on the weekly timeframe signals a potential reversal, suggesting a shift from bearish...
Finolex Cables Ltd. principally engaged in the manufacturing of of Electricals Cables, Communication Cables & Other Electrical Appliances. Its manufacturing facilities are located at Panjim in Goa, Pune in Maharashtra and Roorkee in Uttarakhand. Finolex Cables Ltd. CMP is 967.35. The Negative aspects of the company are High Valuation (P.E. = 23.1), Declining...
Finolex looking good for swing if gives an upside breakout. Not a buy or sell recommendation just for educational views.
In the world of technical analysis, trendlines play a crucial role in identifying potential patterns and predicting future price movements. In this blog post, we'll dive into the analysis of FINCABL, a stock listed on the NSE stock exchange, and explore how a change in timeframe and trendline analysis can reveal a potential uptrend. Current Market Price: ...
NSE:FINCABLES As seen on the chart, Finolex Cables have formed a nice U-shaped Cup and the handle is also not very deep. Also, the volume was low when it was forming the handle and the breakout was with a significantly higher volume for the handle. There is a high probability that this pattern will be successful. Disc - invested, for educational purposes only.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn...
Its forming a very good pattern on charts. Above 1110 we can see a move of further 200 points. Finolex cables charts showing good volume accumulation. it can be come out as a great investment.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Fin cables made a good triangle breakout and Retraced with good volume. Also all the technical indicators shows buy signal. Entry price : 894 Target : 995 Stoploss : 805
an important level has been broken today in daily chart. uptrend can continue upto 1050 level. I am not a sebi registered analyst. so, do your own research before investing.
Inside bar breakout with very good volume + Cup & Handle Breakout Bullish MTM:775 Target:870 SL:700
CMP 720.25 | Strong Momentum | New 52 Week High | Company with No Debt *Not recommendation Finolex Cables Ltd is India`s largest and leading manufacturer of electrical and telecommunication cables
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpos
After a consolidation in a range din cable is good for a breakout buy above 722 Sl 688 Tgt 1:1 Ask your financial advisor before buying Only for educational purposes
Chart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
FINOLEX CABLES - Extreme crab A daily close above Point B (565.50) can take the stock till Point D. The short term targets will be - 1. 590 2. 631
hello Traders i think finolex cable triangle break out . in weakly chart pattern high volume present . our buying price just high of the recent high volume candle ... our sl weakly green candle low
Finolex Cables Has given a breakout on the Daily Charts... Trendline Breakout on Daily Charts with the Stronger Volumes Target 1- 596 (Strong Resistance at this Point) Target 2- 608 (52 Week high as well) Disclaimer: Only for Educational purposes and not as an investment advice