Infibeamanalysis
#INFIBEAM intraday long trade setup (16/12/23)Greetings Folks,
today I have prepared a setup of
NSE:INFIBEAM on NSE
the analysis is as follows-
- the price is in a uptrend momentum right now
- following a weak breakout, price is now retracing to fuel back its efficiency and momentum
- as the price has returned more than 50%, its better to let the price take stable support
- there are 2 possibilities, either the price take support at the trendline or the zone mentioned in chart
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
INFIBEAM AVENUES LTD - 165% RETURNS!!!BUY - INFIBEAM AVENUES LTD
CMP - Rs. 14
Target - 1: Rs. 19
Target - 2: Rs. 27
Target - 3: Rs. 39
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Technicals - Triangle BO
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This is just a view by an expert analyst, please invest at your own risk.
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INFIBEAM AVENUES @ 16.45INFIBEAM AVENUES @ 16.45 - Analysis 11-Feb-2023
As long as 6.35 supports, we can see 21-26, 34-40, 48-52, 70+
Infibeam Avenue LtdThe stock has potential for good upside.
Buy: range ( 45.20 - 48 )
target : 54 - 64
#INFIBEAM .. Best time to go in with minimal riskInfibeam 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 ..
Infibeam Avenues Bullish SetupPositional Trade:
Buy: Infibeam Avenues
CMP: 52.85
Target 1: 58
Target 2: 60
Stop Loss: 50.80
Price breaking the resistance - BullPrice after breaking the 3 years resistance moves up slowly and now it is trying to break the small resistance created 2 months ago.
Another thing to watch here in the chart is price taking support from the parallel channel.
