Finolex Consolidating along 200 DMA, is also above 30 Week MA. Classical Stan Weinstein playbook playing out here. I would be more comfortable weekly closing above 318. Let us see. Disc: Not a SEBI Registered. I post charts for my own study.
Finolex Cables CMP – 287.90 Bullish flag pattern to be seen. One can go long on this stock for Intraday trade setup with the following entry, exit & stop loss. Buy range 285 - 290 / Stop Loss 280 Target 1 - 295 Target 2 - 297 Target 3 – 300 / 305 Note: This is my view and for educational purpose only
Buy FINOLEX CABLES for 296 327 344 372 386 SL 229
Finolex Cables Ltd. going to make a Falling wedge pattern .if it will break up of down side after that take position longer or shorter.