Fiem Industries immediately captured my interest as news of a fire incident at its Haryana unit flashed across my screen.

Looking at its price chart, I noticed that it looks similar to the stock price chart of Elecon.

Recently, Elecon’s stock price went up because of a pattern called ascending broadening expanding wedge. I expect Fiem Industries to follow a similar pattern and experience a price increase.

Following the fire incident at its Haryana unit, Fiem Industries is currently assessing the damage and determining the impact. The company has promptly initiated the required protocols to file an insurance claim, as its assets are appropriately insured. The stock prices of Fiem Industries do not appear to have been significantly affected by the fire incident at its Haryana unit.