FCL maintains a bullish trend, targets 251 with 2:1 RR Ratio
After touching a recent of 235 stock retraced to 193 levels and now finding support at that level and started bouncing back. Stock is fundamentally a strong specialtiy chemicals company and if the trend continues and volumes picking up we can see fresh highs in the coming days. Now at 208 stock targets 251 with a stoploss at 185 levels. A risk reward ratio of 2:1