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TradeRyteStockz
Mar 6, 2024 2:45 AM

INFIBEAM - SWING TRADE - 6th March #stocks Long

NSE:INFIBEAM1D
INFIBEAM AVENUES LNSE

Description

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INFIBEAM (1D TF) - Swing Trade Analysis given on 6th March, 2024

Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - Done ✓
- Demand Zone Retest & Consolidation - In Progress

Trade active

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INFIBEAM Update (as of 8th March, 2024)

✓ 12% in 2 Trading Sessions

- Stock took support on the trendline marked out
- Didn't do a further consolidation but continued its upward trend
- Heading towards our Target
- TSL is On
Trend AnalysisChart PatternsTechnical IndicatorsINFIBEAMDMARTswingtradetraderyteSymmetrical TrianglebreakouttradingTrend Line Breakdemandandsupplyzonessupportandresistancezones
Comments
Kihtnana
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Sir, Not sure what range to buy and sell. Could you add an Approximate range for this swing trade please... Thks !
TradeRyteStockz
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@Kihtnana,

Were you able to take the trade?
Kihtnana
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@TradeRyteStockz, I had positioned myself at 35.75 but now changed it to 38.50. Lets see if i get lucky
TradeRyteStockz
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@Kihtnana

Market is Supreme.

Just Trade the Trend.
fahadshaikh98
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NMDC Stock buying for swing trading buy or not
TradeRyteStockz
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@fahadshaikh98

It looks good only on a Weekly Time Frame.

Once it breaks the 248-250 Level, then more upward moves can be seen.

But please keep your SL in play, cause this stock has been on a one way move since September 2023 and already given 60% in just 6 months.

What are you keeping your SL at?
fahadshaikh98
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5 points SL
TradeRyteStockz
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@fahadshaikh98

How are you calculating a 5 point SL ?

And what targets are your expecting with a 5 Point SL ??
fahadshaikh98
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5 - 8 point max
fahadshaikh98
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Targeting
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