FDC Limited

FDC Ltd – Technical Chart

Key data :

CMP335
52 wk high350
52 wk low152
Target 550-600
Stop loss280
50 dema270
200 dema235

BIG Breakout

A big breakout at 300-320 where price and relative strength are crossing highs of 2018. Expecting a move upto 550-600 given the big consolidation before breakout, one can put a stoploss of 280.

Also its a pharma company, the sectoral tailwind will help the company to sustain the momentum

Leave a comment