Falling Wedge Breakout In AGS Transact Technologies Ltd
Falling Wedge Breakout is seen in AGS TRANSACT with volume and the momentum has been seen as well.
Quarter 4 Results are due today i.e. 26th May 2023 but this call is purely on Technicals!
Entry at 58.5 to 59 and Targeting around 73 with Stoploss of 49 to 50 on Weekly Closing is good for a Swing Trade.
Ideally Targets are bigger if we go by Technicals but we are here for swing so a decent returns of 20 to 25% is more than enough.
This is my first post/ idea on Tradingview, if I'm Missing something or anything which can be added to understand better, your comments are most welcome.
Views are Based on Charts, so there's no 100% Surety (There is no 100% Surety of anything)
Thank You!
DISCLAIMER: Contact your Financial Advisor before making any positions, This Post is Purely for Educational/ Learning Purpose & has been given on the Technical Analysis.
Quarter 4 Results are due today i.e. 26th May 2023 but this call is purely on Technicals!
Entry at 58.5 to 59 and Targeting around 73 with Stoploss of 49 to 50 on Weekly Closing is good for a Swing Trade.
Ideally Targets are bigger if we go by Technicals but we are here for swing so a decent returns of 20 to 25% is more than enough.
This is my first post/ idea on Tradingview, if I'm Missing something or anything which can be added to understand better, your comments are most welcome.
Views are Based on Charts, so there's no 100% Surety (There is no 100% Surety of anything)
Thank You!
DISCLAIMER: Contact your Financial Advisor before making any positions, This Post is Purely for Educational/ Learning Purpose & has been given on the Technical Analysis.