#FineOrg harmonic target achieved Target- 3480 Sl-2959 CMP:3174.05 @10 September 2021
Find Long setup on the chart?...........................................................................................................................................
Chart is self explanatory. Don't invest and trade blindly.
A detailed analysis of breakout trade Stock name - Fine Organics Only for educational purposes
FINEORG NSE Fine Organic is bullish if 3570 holds. Strong positive trend. New Lifetime High. Fresh Breakout. *** Educational purpose only. NSE:FINEORG
FineOrg has come into buy mode. This weekly close will confirm this. However buying in phase can be started now. Entry - CMP (3130) SL - 2700 TGT - 4100-4250
bullish above 3100 for shot term target of all time high rising volume and RSI ( after giving divergence) Strong bullish candle 2 days back followed by consolidation.
Bullish engulfing candlestick pattern at resistance turned support level. Short term target can be previous swing high.
Is this bottoming out? Taking perfect support at long term lower trendline. I am a long term investor and averaging it down at every opportunity I am getting. Let's see!
Trend line is broken and MACD is showing bullishness.
Lets see if it flies , expect to reach 3000 shortly
Fine Organics Ind near 200 ema and Small breakout in Daily Chart
Trading at its 200DMA and near a very strong resistance zone. It has a 50:50 prob of going either ways. However, I am betting on the company's governance and past performance.
Support 2592 2572 2533 Resistance 2650 2700 2730 Buy above 2650 Sl at 2570 Targets 2700, 2730, 2765. This may be consolidate or even may correct, but i see this stock for a buying. This is my personal view..