This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
entry at support trend line and tg almost 1:6
First contraction was for 3.5 months, 2nd contraction was only 11days. I always want to see min of 20% to 25% of time contraction on the rightside. The 2nd time contraction is not symmetrical wrt first contraction, i would be avoiding it
RETEST DONE IF MONDAY A GOOD POSTIVIE SIGNAL CAN GO LONG
Watchout for further upmove. Trendline breakout and pullback done.
Route mobile at make or break point if trades below the channel trend (Most likely) then u get a better entry point
Route Mobile - Stopped out twice in anticipation, now getting better confirmations. Hope to see 2200 on this one. SL is 1500 or deeper is 1400 below. DISC: Not a SEBI Registered. I post charts for my own study.
Very good consolidation breakout and Trendline supports Shortterm trading tgts 1950-2000 Add on dips till 1600 Strict closing SL 1500 Note - Before taking any entry please concern with your own financial advisor
A successful breakout today from Symmetrical triangle inching towards it's previous All Time High. The stock has a potential of going higher then its ATH . It took a support of the falling channel and the lower trendline(now for symmetrical triangle) One can wait for a retest to occur and buy around 670 levels for a short term trade. Well the Risk takers can buy...
This week we look at Route Mobile for targets of Rs.1925 as it gets ready to come out of a triangle pattern. The Stop Loss is going to be your your lower line in the triangle. Route Mobile is a CPaaS player and is one of the best in terms of finacial numbers in the industry. A stock analysis for the same was also made on my YouTube Channel. Good company.
Route mobile has posted a good results in this qtr. The chart also seems to support the stock with ascending triangle breakout pattern, which can fly off at any time!!
Last year Listed company formed triangular pattern. Enter the trade as per your risk to reward ratio.