FFL Fuaji Foods Limited Short term analysis 30th Nov. 2020

Further Advance

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FFL Chart Illustration by CapitalMarkets

Further Advance

Our Pivot: 12.80

Our Preference: Start buying FFL above 14.00 and average it out till 13.60 with strict stop loss of 12.80 and profit target at 15.45 with extension towards 16.30.

Alternate Scenario: Downward penetration of 12.80 will call for 11.50.

NOTE: FFL is being supported by a rising trend line on hourly and daily chart.

Chart with supports & resistances:

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