Cyber Monday saleUp to 70% OFF

Stocksignals

DELTA CORP: Bullish TriangleUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept to the breakout level of wave-d to get the target of this pattern. Buy with SL of 278 & look for the target of 340-45 zone
NSE:DELTACORPLong
by TradingSutra
Sanofi - Reversal in negative trendSanofi was correcting from 11/08 from 9275 and it went down to the level of 7435 on 20/12. Since then, it is consolidating in a healthy way. It now seems to be a reversal candidate and uptrend may start soon and strongly. Chart Pattern: 1. Double Bottom - It created double bottom with second bottom above the initial - It created double bottom with positive RSI divergence 2. W Pattern: If it rounds upside successfully from here, W pattern seems to be in formation - As per this pattern first target would be top of the trough, i.e., 7930 and then 8350 to the top of W Retracement: According to Down side retracement, first target can be 8138 (38.2%), then on 8355(50%) and final strong 3rd resistance would be at 8572(61.8%) SL: 7400
NSE:SANOFILong
by TechnoFunda_Investor
AFFLE INDIA LTD - SUPER COMPANY - SUPER AGGRESSIVE MANAGEMENTAffle is a global technology company with a proprietary consumer intelligence platform that delivers consumer engagement, acquisitions and transactions through relevant Mobile Advertising. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. While Affle's Consumer platform is used by online & offline companies for measurable mobile advertising, its Enterprise platform helps offline companies to go online through platform-based app development, enablement of O2O commerce and through its customer data platform. This is a follow-up idea of the original idea posted on May 31, 2021 when the stock was in good runup mode but the stock started consolidating. Then the management decided to split the stock in 1:5 ratio. After giving price and time consolidation for around 6 months the stock again started it’s runup just after the split announcement (same time we updated the comment on previous post to take fresh entry). We have discussed enough about the company fundamentals in our previous post let’s look at the stock from fresh perspective this time: 1. The company posted its quarterly results twice and both times the profits bets its old records. 2. The company’s India business acquired Mobile Advertising Technology Company for over $41 Million in the month of June 21. 3. Affle got US Patent Grants in the month of Sep 21. 4. Sharekhan forecast Affle India’s revenues and earnings to report a CAGR of 26% and 32%, respectively, over FY2022-FY2024E. They also believe that Affle India is better placed to capture opportunities from favourable industry tailwinds given its competencies in both in-app and on-device ecosystems, end-to-end offerings in the CPCU business model and a first-mover advantage in emerging markets. 5. From the technical point (i) the stock is trading above 50 and 200 DMAs, (ii) volume got dried up during consolidation phase now again the volume is picking up as highlighted in blue box at the bottom, (iii) Recently the stock created rounding bottom pattern and cup and handle patter in short term, (iv) the stock is ready to give fresh breakout and give another good runup. Fresh Buy – At CMP 1197 Old Buy – Hold Target – Hold tight, book as per comfort. Risk Management Tip: Never invest more than 5% of your capital in any single stock. Your likes and comments motivate us to bring more profitable studies like this. Happy Investing! ShareMktSchool
NSE:AFFLELong
by ShareMarketSchool
4
NIFTY 100 STOCKS ALGODear Members, "Happy New year" We have launch stock Algo for Nifty 100 stock, In this ALGO we have selected Nifty100 stock only. Daily we will select four stocks for next day trading as per technical analysis and trend line breakout. Risk: Reward ratio is 1 : 1.5( means 1000 loss and 1500 profit in one stock) also we have set trailing stop loss to reduce risk in trade. This is fully Algo for intraday trading. You can select your own stocks base on your knowledge or as per your analysis. Refer/add below inputs in indicator. For tomorrow we have selected four stocks as you see in dashboard.. Regards Kirit Chavda
NSE:WIPROLong
by Occtans
1