AFFLE IS AT A PERFECT PLACE TO START ACCUMULATING. TAKING SUPPORT AT THE 200D EMA AND AT A FIBO LEVEL. THIS IS ONLY FOR INVESTMENT PURPOSES NOT FOR TRADING. CAN GIVE AMAZING RETURNS IN THE COMING YEARS. DON'T MISS THIS OPPORTUNITY. FUNDAMENTALLY GREAT STOCK.
NSE:AFFLE can bounce from 4380 levels after some consolidation. It had been noticed that it's taking support around this level for the last 4 trading sessions. Seems like it will start rallying towards 4700 levels soon.
There is a sharp recovery from the 78.6% fib retracement level and now stock is hovering around 61.8% retracement levels..
Open position when price closes with a green (preferably long with volumes) bullish candle above 4600, can be easy 30% from here
Intermediate targets are marked too. Fo SL use 4450
We have been discussing NSE:AFFLE for the last 5-6 days and in the last 2 days it has given significant move. This morning some profit booking was seen but buying overtook the selling. It is bound to show some more up move.
Affle - Cmp 4418
The stock is trading near an important support area and showing signs of reversal. Long time gap has been filled as well. RSI is also in oversold zone.
Looks good for long at cmp with strict stop loss of 4070 for targets marked on the chart.
*Warning - The stock is currently in T2T, so intraday or BTST is not possible and have to wait for T+2...
NSE:AFFLE is showing good bounce from it's 4200 levels and with good volumes. If it sustains 4400 today then it can continue towards 4500 and 4700. Day timeframe RSI is also showing steep upward momentum.
Profit booking from 4500 levels is visible in NSE:AFFLE . If this profit booking continues then 4100 levels can be seen soon. Volume is more than normal. RSI on daily timeframe is in oversold zone so at any point of time buying can come. It has already corrected almost 30% from it's top.
NSE:AFFLE came to my radar on Friday. It has retraced more than 20% from it's high. It's been consolidating in 4500-4600 range for the last few trading sessions. RSI is also in over sold zone. So it can show some reversal soon. As soon as it's recovery signs are visible I will think of buying it for the targets of 5100 and 5300.
NSE:AFFLE showing some good buying at 4500 levels but selling pressure came in instantly. RSI is also showing that it's in oversold zone so it might show signs of reversal from here. I will wait for a good positive confirmation. Today's candle does not seem bullish to me.
Affle is looking for great buying opportunity after having 4 months of consolidation & has formed descending channel on 1h, & has Higher timeframe involved in & has the clear formation move to the upside to reach at 8500 for Target.
► ADVANCE PATTERN #18◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤ like &...