Affle India on a break out Affle India me ek breck out ho sakta Hain, company badi achchi hai par pichhle kuch mahino me achha return diya hai par ab ek probability ban rahi hai.
AFFLE trade ideas
AFFLE - A stock to watchThe stock has been moving almost sideways for more than two years. Early this year it attempted to take out the old price rejection zone of two years at 1336 level, it failed and it was pushed down again below the 200 DMA. From there it started recovering and in the month of May the stock did make an attempt to take out this price rejection zone. It failed and again was pushed down below the 200 DMA. Now again it is making an attempt and it is crossed the rejection zone with a “Buying Climax” like Bar with a with widespread up bar on very high volume. Now the level 1390 is very significant now because once the price goes above this level it would cross the previous resistances from 2022 and also it would go above the supply shadow of the “BC” like bar which happened today. A bullish close above 1390 will take the stock higher. All other parameters like Relative strength, Money Flow, Buying Pressure and Momentum seem to support. The up move could struggle till 1510 level above which the ease of movement would be much better.
AFFLE INDIA GIVES BRAKEOUT ON DAILY CHARTNSE:AFFLE
AFFLE INDIA gives brake out on daily chart
Buy 1270-1280
SL 1210
TARGET 1450+
time duration 1-2 month
AFFLE: Descending Triangle 📉😲 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 impact the price much. That happens when a price is tested multiple times in a consolidation zone.
- On a technical note, the Price will gain momentum only when the structure is broken.
- Once the bullish break of the triangle is achieved, We may either see a good move up to the resistance zone (Post which the then price action will decide what's what) or we may continue with the sideways momentum unless the resistance zone is broken.
- Liking the analysis? How about a Boost to help us reach many likeminded investors like you :)
- On the other hand, If we see a bearish breakdown, The next immediate support is about 15% lower i.e the 730 - 760 price levels
- The price is about to test the 200 EMA
- RSI Divergence on Daily TF adds to the negatives
- MACD recently made a bearish crossover, Another negative
- Being an IT Sector company, Connecting it to the Nifty IT:
It is a wait and watch game for now.
What should we analyze next?
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Affle can become apple of investor's eyeAffle engages in the provision of mobile advertisement services. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. Affle powers unique and integrated consumer journeys for marketers to drive high ROI, measurable outcome-led advertising across global connected devices.
Affle Ltd CMP is 1105.40. The Negative aspects of the company are High Valuation (P.E. = 59.90) and Promoter Holding decreasing. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, improving annual net profit and improving cash from operations annual.
Entry after closing above 1143. Targets in the stock will be 1168, 1200 and 1238. Long term targets in the stock will be 1267, 1283, 1306 and 1338. Stop loss in the stock should be maintained at closing below 1000 or 1061.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Trend line support and fib 0.618Affle trying to bounce off long running consolidation trendline with confluence of 0.618 feb level.
Stock looks geared to move up
Affle IndiaAffle 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.
afflehas filed 10 new patents in India in the domain of artificial intelligence and machine learning,
Affle (India) Ltd Above Trendline Breakout 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 channel suggestions.Consult your financial advisor before taking any decisions.
Affle India will hit a new high ? cmp 1315Affle 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 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)
Add AFFLE India for Medium TermIt 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.
AffleStock 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 registered. please consult your financial advisor before taking any trade.
Possibilities of affleNSE: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.
affle 1w time frame symentric triangle breakout buy@ 1088 affle 1w time frame
symentric triangle breakout
buy@ 1088 target @ 1152, 1172, 1192
risk reward 1.5
its just a view trade @ your own risk
sl@ 1020
AFFLE: TRENDLINE BREAKOUTNSE:AFFLE has broken the trendline. Confirmation can be done only when candle closes above trendline.
Descending Channel Breakout And Retest.Affle Gives descending channel breakout and retest on daily timeframe. stock have potential to give 20% - 30 % return in upcoming days. Current Price = 1153 1st Target = 1350 2nd Target = 1500 Stop Loss = 1100 (closing Basis). NSE:AFFLE
Trendline breakout in AFFLE. AFFLE has given trendline breakout with higher volumes. Can be long for the target of 1280 with a SL of 1135
AFFLE 1W 1DTRADING 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.
AFFLENSE: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
AFFLE India The stock has been closing on the positive note from the past three days and currently treading above its all key moving average.
The momentum indicator RSI is moving towards upside and entered in the bullish zone along with the positive crossover on MACD. We can take long position
AFFLE LONGChart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
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