FINEORGANICS - Reasons for bullish trade

1 בנוב׳ 2022

Fineorganics - Reasons for taking bullish trade yesterday - Channel support on weekly charts at 5950 levels + trendline support at 5800-5830 levels. Stock has gone down since then and is trading at 5646 levels currently. However, for a confirmation for support being broken we need a weekly close below 5750 levels. If stock closes below 5750, we will exit from trade. Currently stock is trading 2.8% below our purchase level (INR 5810)