Setup: Monthly chart showing long consolidation between ₹30–₹70, now projecting upward momentum.
Current Price Action: Breakout zone forming above ₹70.
Target Projection: ₹160 (≈127.91% potential gain).
Trend Context:
Consolidation base built over multiple years.
Volume activity suggests accumulation.
Breakout projection box highlights upside potential.
Why Traders Care:
Long consolidations often precede strong directional moves.
Monthly timeframe adds conviction to the breakout.
Clear risk/reward defined with consolidation base as support.
My Take: Filatex India is breaking out of a multi‑year range — sustaining above ₹70 could open the path toward ₹160.
Community call: Will Filatex India deliver the full breakout or slip back into consolidation? Share your view.
Current Price Action: Breakout zone forming above ₹70.
Target Projection: ₹160 (≈127.91% potential gain).
Trend Context:
Consolidation base built over multiple years.
Volume activity suggests accumulation.
Breakout projection box highlights upside potential.
Why Traders Care:
Long consolidations often precede strong directional moves.
Monthly timeframe adds conviction to the breakout.
Clear risk/reward defined with consolidation base as support.
My Take: Filatex India is breaking out of a multi‑year range — sustaining above ₹70 could open the path toward ₹160.
Community call: Will Filatex India deliver the full breakout or slip back into consolidation? Share your view.
Sucrit.D.Patil
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Sucrit.D.Patil
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.