Watch outAs whole American market in fear,it stock are falling level 109 is for reversal if it break then we can see more fall
Inverted cup and handle
FSL trade ideas
FSL FSL for Long
Buy as near Stop loss as possible
Time Frame - 1h
Above Pink arears are Targets therefore exit in 25% quantity as soon as stock hit each zone.
Or
Trail Stop Loss
Strong Support The stock is at 2009 Support and a diagonal Trend 📈 line support also there so we can go long from here with a Strict SL below that.
FSL Sell for intraday tradingFSL Sell for intraday trading if stock break the given support level..........
BREAKOUT SCAN INTRADAY Stocks nearing 200 day high by 5% & showing consolidation for the past 30 days with volume above 50 day average
FIRSTSOURSE SOLUTION BREAKOUT soonFirstsourse Solution Lts. a breakout soon stock. stock above 30WMA . Trying to move into stage 2
Channel breakout in FSLChannel breakout in FSL.
Consolidating in a range from 7-8 months.
Buy @ 115-125 Targets: 140-160-180 SL: 95
Long Channel breakout in FSL. Consolidating in a range from last 7-8 months.
Buy at CMP or 115-120
Targets: 140-160-180
Sl: 95
LongChannel breakout in FSL. Consolidating in a range from 7-8 months.
Buy @ 115-125
Targets: 140-160-180
SL: 95
FSL Buy for intraday tradingFSL Buy for intraday trading if stock break the given resistence level...........
FSL looking solid after long consolidation period. FSL CMP: 108.90
Firstsource Solutions Ltd. is a company that provides digital platforms, automations, analytics and they are also into design and advisory. Its CMP 108.9. The negative aspects are that MFs decreased their stake in the firm recently. On the other hand, positives of FSL are that their net cash flow is improving, the company has low debt and foreign institutions are increasing their stake. Entry in the stock can be taken after closing above 109.90. The targets will be 114 and 119.
Long term target in the company will be 128 and 150. The company is coming out of solid consolidation and the stop loss can be maintained at closing below 100.
First source Long CallFirst source broke its downtrend and moving towards uptrend..
Its a low risk high return trade for long term.. it started bouncing from its lows.
FSL BullishFSL is looking strong for upward move and it's always give sharp move on either side. Trendline breakout with huge volume with upper bollinger band challenged. Price is above 50 EMA in daily but below 50 EMA in weekly time grame.
Daily RSI is in momentum.
FSL Inverse head and shoulder breakoutFSL broken resistance trendline with volume.
It is also making inverse head and shoulder.
Can long above 112 for tagets of 115, 120, 125, 130, 135
SL below 103 on closing basis.
Risk/Reward 1:2
Pl like and follow.
-Saptarish Trading
Long FSL stock has taken support and reversed from it previous level a level where huge amount of buyers were active and has formed a bullish hammer on weekly chart.Can go long on FSL, with proper risk management.
Trade at your own risk.
Firstsource Solutions Ltd Trend AnalysisA clear bear flag formation with strong divergence in RSI shows the downtrend will continue.
Best level to accumulate is around 70-85 highlighted at golden zone.
Medium term swing target should be around 190 (150 % ROI)
Long term positional target should be beyond 380 (400 % ROI)
Kindly do your due diligence before investing in this small cap company.
Peace!!
FSL - Divergence accompanied by reversal of polarity on weekly FSL - Divergence accompanied by reversal of polarity on weekly TF.
The risk reward is highly favourable here.
One can go here with a SL of 120 / 100, depending upon their capacity.
