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Rajneesh Sharma CFTe

12th Sep · SEBI-Registered Analyst

✒️ Flair Writing Industries – Weekly Chart

FLAIR
🔹 Technical Setup Stan Weinstein Stage 2 entry → Price has crossed above the 30-week MA with strong volume support. VCP (Volatility Contraction Pattern) → Price formed higher lows with contracting swings, followed by a breakout – classic VCP structure. RSI trending upwards, confirming strength. 🔹 Key Levels Support: ₹300 / ₹267 (30W MA). Resistance: ₹345 zone (recent high). A close above ₹345 could trigger further momentum towards ₹380+. 🔹 View Stock shows early stage breakout signs. Fits both Weinstein Stage 2 (institutional entry phase) and VCP breakout strategy. Needs volume confirmation and follow-through for sustained uptrend. 📢 Disclaimer: This analysis is for educational purposes only, not investment advice. Please do your own research or consult a financial advisor before investing.

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Flair writing report.pdf
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