FZCM LONG TRADE 21-06-2025FZCM stock previously was in a downtrend after posting a high of 300 rupees. It remained under pressure until May 2023. Since then, it has traded in a range between 112 and 200 rupees for almost two years. Recently, it has shown indications of an upward breakout and formed a bullish IFDZ. After establishing this pattern, the stock pulled back to the zone and has now displayed strong signs of upward movement. We expect this new uptrend to continue in the coming days, targeting multiple quantified displacement levels.
🚨 TECHNICAL BUY CALL – FZCM 🚨
Buy Levels:
Buy 1: 187 rupees (current price)
Buy 2: 170 rupees
Buy 3: 156 rupees
Target Prices:
TP 1: 230 rupees
TP 2: 270 rupees
TP 3: 290 rupees
Stop Loss: Below 140 rupees - Day Closing
Risk Reward Ratio:4.7
Caution:
Please buy in 3 parts within the buying range. Close at least 50% of your position at TP1 and trail the stop loss to protect profits in case of unforeseen market conditions.
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