Go long in Fine Organic Ind. Ltd.We are noticing a trenline breakout on daily frame. Above 5130, we can expect targets of 5350 & 5500.
SL would be near 4950
FINEORG trade ideas
FINE ORGANIC INDIA LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Double Bottom BreakoutThe stock has broken the neckline of the double top bottom with 2.5x volumes on monthly basis. Buy between retracement of 5120-5170 for a target of 6250/6960
FINEORG: 3 Technical Possibilities 👌Okay, This one was requested by @Saikumarvsk
The Chart should tell you everything you need to know. But here are some specific pointers:
- The price looks to be in a consolidation mood
- We have a support trendline at play
- The Support and resistance zones are clearly marked
- The Psy. levels, 5000 and 4000 are positioned near the support and resistance. They will add to the strength of respective zones.
- The price is trading below the 200EMA on daily TF
- The MACD shows a slowdown but no bearish crossover yet
- It is too early to predict future price action at this point but below are some technical possibilities.
- Before we go there, Would you give us a boost for motivation? The more you like our posts, the more we will post.
1. ascending triangle scenario
2. Sideways consolidation.
If the price takes this route, The breakdown of the support trendline may not have much impact on the momentum.
3. Breakout of either zone (support or resistance zone).
A break and close above or below the zone may trigger a good momentum.
What is your take on Fine Organic?
Have Requests, Questions, or Suggestions? DM us or comment below.👇
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
FINE ORGANIC LOOKIGN BullishFINE ORGANIC is consolidating in box and range bound from long time at the same time the volume build up or accumulation is going on soon expecting Bullish/brake up.
Fine organic looks good for 5k++Long consolidation break
Vol need more to come
4800 resistance broken
5k target
Holding period 1week
Fine Organic Industries is engaged in and outside India as manufacturers, processors, suppliers, distributors, dealers, importers, exporters of wide range of oleochemical-based additives used in foods, plastics, cosmetics, coatings and other specialty application in various industries
Not a reco ..for educational purpose only
Another opportunity arises on FINE ORGANICIt's seems bull are back with that recovery last week, today's down move didn't cover all the up moves of previous candle this forming and continuing HH HL situation. So continue longing this stock is the idea. Good luck... Trade with proper risk management
Fine Organics - Buy timeWe can see the stock moving towards the previous highs
A crown pattern in making
Expecting 20 to 60% returns by next year
keep stop loss as 4180
Breakout soon and fundamentally strong stockStock Name :- Fine Organic
Company has delivered good profit growth of 45.4% CAGR over last 5 years.
Company has a good return on equity (ROE) track record: 3 Years ROE 36.0%
Debt To Equity Ratio - 0.02
STRONG BREAKOUT in FIN ORGANICS!!!! POTENTIAL of 38% PROFIT. After a long downside, FIN ORGANICS has given a strong BREAKOUT and a good trend reversal. You can expect 38% profits from this level (5100) within 4-6 months. For confirmation wait for this weekly close above 5100.
Comment if you have any queries.
Longterm stock looking good for reversal Fine organics is already a multibagger and leader in its segment. Decent fundamentals and available at discount. Safe people can keep sl below 4000 wcb
Fine Organic Cup with HandleFine Organic Cup with Handle Pattern Breakout 1 day chart 6300 Target Possible Coming <months….
Fine organic buy for 30% gainBullish available at good price
For 1 year
Long term investing
Driven by operators
FINEORG viewsAs per my understanding, this is one of the finest script, after listing and coincidently it has retraced a lot, in near past.
But now, the structure seems to be attractive as far as this script is concerned.
I feel it has built a support structure, and likely to make a new lifetime high.
Worth watching it for study purposes.
Buy zone in FINEORGPrice is near the demand zone and once the trendline is broken, price will likely to go up.
Just for educational purpose. But at your own risk.
Rounding pattern breakout with volumeRounding pattern breakout with volume
T1: 7590
SL: Breakout candle low
Shot term bearish, long term slightly bullish- Entry levelShort term sell and support levels. Perfect entry levels for profits
Fine Organics BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Fine Organics BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Fine Organics BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
#FineOrg harmonic worked perfectly#FineOrg harmonic target achieved
Target- 3480
Sl-2959
CMP:3174.05 @10 September 2021
