this will complete symmetrical triangle pattern and once breakout, it will fly
Targets possible:
1360-1490-1590-1690-1780
Disclaimer:- Please always consult with your financial advisor or do your analysis before taking trade
Okay, This one was requested by @sanketkumbhar88 :
Here is all you need to know about NSE:AFFLE :
- Affle has been in a volatile 400-point range since 2021
- Currently, It is forming a Descending Triangle formation taking exact rejections from the resistance trendline
- We have a game zone to confuse investors
- The 1000 psychological mark doesn't seem to...
Affle India is looking good. Its trendline breakout is successful but wait for the breakout of last swing. Above mentioned level it can give decent up move. Keep an eye on it.
At support 200DMA, Volatility is lesser compare to other stocks.
Perfect reversal can happen from here.
Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by professionals. Be careful before investing and consult your advisor before making such decisions. I am not responsible...
Affle (India) Ltd Above Trendline Breakout
Stock running above trend line breakout and look strong.
Buy Above 1200
Stock loss 975
target near 1500-1600
holding time near 3-6 month
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this...
Affle india taken support and given breakout on weekly chart, may hit a new high in upcoming sessions. cmp 1315
Target 1386, 1443, 1494
20% Upside Potential
Support 1244 - 1279
Affle India
Damm Good Small cap company with good
Fundamentals worth adding in portfolio
for long term wealth creation.
giving breakout of desecnding
triangle breakout at 1120 + giving
breakout of inside bar on date
06-nov-23 to 07-nov-23
one can go long for
shot term target of 1153/1222/1191++
long term target of 1380/1511 ++
stol loss 990 (wcb)
It has given triangle breakout on the charts also the price action also suggests the bullish trends for the stock. Add around current levels for targets like 1260, 1367 and 1504 in the medium term with a decent stoploss of 1000 rupees.
Stock name = Affle India Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI...
NSE:AFFLE Affle face resistance of trendline, if break and give cosing above trendline on daily time frame basis, take bullish possition for 1st target 1200 and 2nd is 1330. if candel close above trend line please wait for next day candel for trend confirmation and make stoploss trend line support.
TRADING COMMUNITY
JOIN US ONLY IF YOU WANT PEACE AND PROFIT IN YOUR TRADING LIFE.
I am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
NSE:AFFLE
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
