FEROZ LongFEROZ just touched its channel top this month and breaking it (410) will open up its way to further upside targets of 482, 581 and then 722 in medium term.
Further, a beautiful inverse head and shoulders formation is already complete... Breakout expected next month insha Allah.
Its my personal opinion, not a buy / sell call
FEROZ trade ideas
Bearish Divergence on Weekly tf.FEROZ Update
Closed at 362.90 (20-06-2025)
There is a Bearish Divergence on Weekly tf.
So important to Cross the Strong Resistance Zone
around 380 - 410.
Crossing this level with good volumes may lead
it towards further upside around 500.
Important Supports are around 330 - 333 & then
around 260 - 265.
Feroz Technical Analysis: Potential Buy OpportunityFeroz currently displays a bullish trend supported by key indicators. Price has rebounded from a trendline and is trading above the 89-day EMA, a historically significant support level respected by the price action. A recent support zone bounce and alignment with the Fibonacci Golden Ratio further strengthen the bullish outlook. Buy levels are 330 (CMP) and 310, with a stop-loss set on a closing price below 275.
Happy trading!
FEROZ is showing a Bullish Flag on 1D timeframeFEROZ is in uptrend as it is forming HHs and HLs on 1D timeframe. The price chart has formed shape of a Bullish Flag whereas RSI shows no divergence. As a rule of thumb, entry position has been marked on chart in BLUE on breakout of pole. Target has been placed in GREEN. SL is visible in RED. The stock looks like a good buy at trigger levels.