Infibeam price is taking support from a primary trendline.. A swing trade with just 3% risk can be opened for 17-50% returns in short-long term... SL is marked in red. See the overall trend below ..
Positional Trade: Buy: Infibeam Avenues CMP: 52.85 Target 1: 58 Target 2: 60 Stop Loss: 50.80
Great Chart Structure Good Volumes at Breakout Proper pullback wid low volumes Looking for Tgts of 60++
All details on chart Tgt1 arnd 70 Tgt2 arnd 117
Has broken out of the falling trend line with increased volumes. Looking good for 56. If it breaks 56 , we can see newer highs.. Keep an Eye. For educational purpose only
Infeabeacm, Go Long, Channel Breakout Target 48. If breaks support then may go down till 36. Hit a like if you like the idea Education purpose only
Buy at current levels with SL 40 considering Target1 50 in month and Target2 59 in two months :) Please follow strict stop loss :)
INFIBEAM BUY AQBOVE 49.1 AND SELL BELOW 47.5
INFIBEAM is closing a strong resistance zone and likely to be sold off today. Could be a possible profitable trade. SELL INFIBEAM at 54.80 Stoploss 58.5 Target 34.80
INFIBEAM has been moving in a sharp up channel. Made lifetime highs in Nov and a big arc in 6 months, retesting the lifetime highs again. Awaiting a breakout or reversal.
It has been observed that the price action facing strong resistance between 162-165 zone, indicating further weakness till the price action reaches to near support zone. T1- 152 T2- 146 SL- 162
Infibeam can be bought with a small Stop loss just below "C" with a positional target of 225. Buy at CMP or near 160, Stop Loss below 158, target 225