FILATEX - Poised for a 15-30% Upmove

14 Jan

The stock is in uptrend in Monthly.
It is poised to break out of an inverse head and shoulder pattern.

Entry - 51.15

Target 1 - 59
Target 2 - 64
Target 3 - 69.

15 Jan

Nota

Stock has moved up 6% intraday 51.15 -->54.45 in a single trading session

19 Jan

Nota

Target 1 hit, 16% ROI in 5 trading sessions.

20 Jan

Nota

Swing trade closed at 62. One may trail profits based on today's close till all time high 69.90. 20% ROI done.

20 Feb

Nota

Expecting it to break all time high for a move of min 80 rs. A further 20% from the previous 40% ROI.

28 Feb

Nota

A great move approaching 80. That is a a 50% move since the post. Also note that this a monthly breakout of all time high.

18 Jul

Nota

Now after a long time, filatex is ready for reversal. Targets expecting 63.5-65.8 6-10% move