Finolex Cables Ltd.
Buy Above – 432
Target – 500
Stoploss – 395

Technically: FINCABLES has formed Inverted Head and Shoulder chart pattern. Breakout of the neckline can be seen with huge volume during the last trading session. RSI is above 60 (not shown in chart) which shows bullish momentum. It is expected to develop for Projected Target of 500.

Short Term Key Levels:
Resistance: 442
Support: 400, 398

Disclaimer:
This is intended only to provide general and preliminary information to investors/ traders and shall not be construed as the basis of any investment decision or strategy. This content is intended to be used and must be used for informational purpose only. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Chartbusters - chart - 11122773