Key Support & Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
ISFT trade ideas
isftIntrasoft Technologies has been in the electronic business since its inception. It is an internet company that has capitalized on its technological resources and expertise to enable business growth benefitting stakeholders at all levels. IntraSoft Technologies Limited owns & operates 123Stores, an Online E-Commerce Retailer.
Its 123stores.com is a multi-channel e-commerce retail platform, with a strong technology backbone that primarily serves the US Market. Its business model creates consistent stakeholder value through a large and robust distribution network. The company sell its products on its own website. It also have shop-in-shop partnerships with other leading retailers and sell its products on their online marketplaces. Based on its partnerships with different marketplaces, it is able to reach 95% of the total online shoppers in the US.
IntraSoft Technologies Limited also owns & operates 123Greetings.com, the world's leading online destination for human expressions reaching 95 million visitors annually. Its offering of over 42,000 e-cards across multiple languages covers a mix of 3,000 seasonal & everyday categories. Its presence is ubiquitous with its mobile applications, mobile website and Facebook application catering to users on mobile and social media. Its ‘Connect’ feature is a relationship management tool enabling users to actively manage their expressions for both personal and professional contacts. It also operates 123Greetings Studio, a unique platform for artists, to upload and monetize on their own e-cards
ISFTStock name - Intrasoft Technologies 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.
Master Score - C
While this stock has some positive factors, mediocre earnings and mediocre price performance make it a stock that still needs to prove itself.
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.
ISFTStock name = Intrasoft Technologies 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.
Master Score = c
While this stock has some positive factors, mediocre earnings and mediocre price performance make it a stock that still needs to prove itself.
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.
INTRASOFT TECHNI IDEAAs per my analysis, NSE:ISFT has continue sustained above level of 115 which is strong monthly support. Best entry level to take positional buy is 132 with stop loss of 114 (-18 Points Risk). Expected upside target would be 150 (+18) & 184 (+45). This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Kindly do your analysis/research to take any position. Thanks
isftIntrasoft Technologies has been in the electronic business since its inception. It is an internet company that has capitalized on its technological resources and expertise to enable business growth benefitting stakeholders at all levels. IntraSoft Technologies Limited owns & operates 123Stores, an Online E-Commerce Retailer.
Its 123stores.com is a multi-channel e-commerce retail platform, with a strong technology backbone that primarily serves the US Market. Its business model creates consistent stakeholder value through a large and robust distribution network. The company sell its products on its own website. It also have shop-in-shop partnerships with other leading retailers and sell its products on their online marketplaces. Based on its partnerships with different marketplaces, it is able to reach 95% of the total online shoppers in the US.
IntraSoft Technologies Limited also owns & operates 123Greetings.com, the world's leading online destination for human expressions reaching 95 million visitors annually. Its offering of over 42,000 e-cards across multiple languages covers a mix of 3,000 seasonal & everyday categories. Its presence is ubiquitous with its mobile applications, mobile website and Facebook application catering to users on mobile and social media. Its ‘Connect’ feature is a relationship management tool enabling users to actively manage their expressions for both personal and professional contacts. It also operates 123Greetings Studio, a unique platform for artists, to upload and monetize on their own e-cards.
Products
123Stores offers wide range of products. The major categories are-
Furniture, patio, lawn & garden
Musical instruments & gadgets
Home improvement & art crafts
Kitchen, dining & appliances
Toys, games & baby
Sports & outdoor