FCEPL in a range zoneFCEPL is trading in a range zone,currently price is at support and showing bullish signs,good oportinuity for buying at this level.
FCEPL trade ideas
Long FCEPLThis share has a great potential and good for investors.
Last year's full-year earnings were Rs 1.93 per share. This year, after 3 quarters, the earnings is Rs 2.63 per share. This is the massive increase, and probably it beats Rs 3 per share after 4th quarter. That it will have an increase of around 40%.
Technically it has broken weekly EMA 200 resistance.
Retesting done at month level
Monthly trend line broken
All targets given through yellow lines
FCEPL-LONGFCEPL price reversed from last low and a good bullish candle has been formed,so we can enter at cmp with a strict stop loss
FCEPL Buying and Selling Zone (Currently at 82)These are buying and selling zones of FCEPL. Currently at 82.
Use SL as per your strategy
Note: This is not a buy/sell call.
FCEPL 82.65 and 94.51 are key levels for its flightThese both are key levels for its journey to above level of 100.
Note: This is not a buy or sell call.
FCEPLWeekly Support Retest
Bullish Divergence
Aiming for recent Highs
BUY above 68 upon closing
Final Target 107
FCEPL is BullishPrice was in a strong downtrend, however a matured bullish divergence led to the break of previous lower high, the bullish notion was further affirmed by the printing of a higher low. If bulls maintain pressure then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
LongBeautifully taking Support from Monthly Trendline.
However, H&S Pattern is also formed on Weekly TF;
which is actually a reversal pattern.
But there is a Double Bullish Divergence on
Daily TF which is actually a Positive Trigger.
