As we can see stock is forming inverted H&D with a bullish crossover. crossing RSI 60 from below two upward direction if a stock breaks its 1286 level it can go up^ 6% and 17% also as per the chart pattern educational purpose only!
Clear downtrend ended at the runaway gap, that too a monday gap which plays the important role as you can see here and can also lookout in many of other stocks. recent down move ended at 0.618 fib level. A definitive upmove above swing high. Can enter in few quantities once above the orange horizontal line, and rest of the quantities above blue horizontal line.
stock is moving towards the meeting point of PF warning line, blue channel median and R2 pivot..... target 1373/1400
AFFLE CMP: 1262.95 Affle (India) Ltd. is a technology company that delivers services related to consumer acquisitions, engagements and transactions through relevant mobile advertising. Its CMP is 1262.95. The negatives of Affle (India) Ltd. are that they have high valuations (P.E. = 69). The positive aspects are that they have improving net cash flow, Zero...
Before some days ago I made long position in AFFLE because of trand line breakout and after breakfout price sustain above trand line.
AFFLE - Strong structure formation here. The risk reward ratio seems favorable here.
Buy small quantities...But keep a stop ideally if price goes and closes below breakout line in 30 min chart..
A fundamentally strong company with good results and recent acquisitions. The current price is near 200 moving average and is on support. This could be a good bet for a reversal but be cautious as per risk appetite. Note - It is in ASM and was in a downtrend for a couple of sessions. But this could be a good bet for the long term. Add on dips for target 5350/8000/10000 +
AFFLE :- Go Long Targets - Marked SL - Trendline Breakout #DoYourOwnAnalysis #OnlyLearningPurpose
Flag Breakout will take place Above @ 1250 Showing Strong Resistence level
NSE:AFFLE please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and consult...
A inverse head and shoulder breakout with a clear retest. Also retest is forming some double bootom like pattern A green candle can give clear indication to buy, for targets upto 1650.
After break out the pattern, Price retracing, waiting for Demand zone to go long
AFFLE - Retesting the previous breakout zone. Maintain strict SL of 50 ema ( Hourly closing basis) Expecting all time highs here, with minimum 3 months holdings.
*Affle (India) Ltd.* Cup & Handle Formation - Weekly Formation Price Break-Out / Volume Break-Out. However, *Retracement Can Happen* Up To 1200 / 1143 /1121 /1102 As Post Price Break-Out Price Retreated by 286 Points. If Happens then &Wait for Price Stabilisation & Upward Movement Indicators* *Fundamentally Strong Company*: Increasing Top-Line / Profitability...
Affle India announced that the company's wholly owned subsidiary, Affle International has entered into a definitive share purchase agreement to acquire 28.33% shares of Appnext for a consideration of USD 8.21 million including the contingent incremental consideration of USD 4.75 million, to be paid over a period of 18 months. Earlier in June 2020, the Affle...
Friends, It gave a nice correction of almost 20% from D point as pattern triggered a strong sell. Very recently it took support exactly at 0.618 and to retest C&H BO (A obvious target). Now, it is a low risk investment as having a strong support between 1200-1150 for min price target 1500 & beyond. #MK