Future Consumer Enterprises Limited – Cup and Handle Breakout.

FCEL

 

Future Consumer Enterprises Limited

-> The stock has formed a cup and handle pattern.

-> Breakout confirmed above 15 with volumes.

-> Recent lows at 13 should act as support.

-> Pattern suggests upside to 18-20.

Disclosure – Stock has been recommended and safe to assume vested interests.

STANDARD DISCLOSURE

Nooresh Merani

Securities covered above: Future Consumer Enterprises Limited ( FCEL )

SEBI Registration disclosure - Registration for RIA under Process

Financial Interest:

Nooresh Merani and his family/associates/ analysts do have exposure in the securities mentioned in the above report/article.

Nooresh Merani and his family/associates/ analysts do not have any financial interest/beneficial ownership of more than 1% in the company covered by Analyst.

Nooresh Merani and his family/associates/ analysts have not received any compensation from the company/third party covered in the above report/article ever.

Nooresh Merani and his family/associates/ analysts has not served as an officer, director or employee of company covered in the report/article and has not been engaged in market-making activity of the company covered in the report/article.

The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision

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