FOSECOIND
Media FOSECOIND Foseco India Limited NSE:FOSECOIND QuantumX-Pro MediaTechnical Analysis & Breakdown
Symbol: FOSECOIND (Foseco India Limited) — Daily Timeframe (NSE)
Current Price: ₹6,362.00 (+0.95% on the day, intraday high spike to ~₹6,704.00)
Breakout Level: Clean breakout above horizontal resistance around ₹6,150 - ₹6,200.
Price Action: Following a multi-month rounding structure base from the February low near ₹4,300, the stock has made higher highs and higher lows, decisively clearing key horizontal resistance.
Key Technical Levels
Immediate Support / Re-test Zone: ₹6,150 - ₹6,200 (Prior resistance turned new support)
Immediate Resistance / Target 1: ₹6,704.00 (Recent local high) than 10000 above will see in short term
Major Target / Swing High: ₹6,846.00
Key Stop Loss Level: Below ₹5,800.00 (or structure low based on risk management)
Trade Bias & Outlook
The stock shows strong bullish continuation signs on the daily timeframe. As long as price holds above the ₹6,150 breakout zone on daily closes, momentum points toward testing the ₹6,700–₹6,846 range.
Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice. Always perform your own research and maintain proper risk management.
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FOSECOIND for NSE:FOSECOIND by QuantumX-Pro
Technical Analysis & Breakdown
Symbol: FOSECOIND (Foseco India Limited) — Daily Timeframe (NSE)
Current Price: ₹6,362.00 (+0.95% on the day, intraday high spike to ~₹6,704.00)
Breakout Level: Clean breakout above horizontal resistance around ₹6,150 - ₹6…
August 30, 2026 12
