INFIBEAM About to break its Major Hurdle, with Strong Volume KEEP ON RADAR
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,...
BUY - INFIBEAM AVENUES LTD CMP - Rs. 14 Target - 1: Rs. 19 Target - 2: Rs. 27 Target - 3: Rs. 39 . . Technicals - Triangle BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
INFIBEAM AVENUES @ 16.45 - Analysis 11-Feb-2023 As long as 6.35 supports, we can see 21-26, 34-40, 48-52, 70+
The stock has potential for good upside. Buy: range ( 45.20 - 48 ) target : 54 - 64
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
Price 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.