FEROZ trade ideas
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.
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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.