AFFLE trade ideas
AFFLE - Consecutive Higher Highs and Higher LowsAFFLE has shown consecutive Flag Chart Pattern and both the up waves have seen a retracement of Fibonacci Levels of about 61.8% (i.e retraced the 38% of the upmove). Currently it is retesting the support level at previous swing high. Main concern is the overhead supple which is subsequently great. GO LONG WITH CAUTION.
Disc: I hold it in the portfolio since 1600 level.
D'martThe stock has seen a massive 500 plus drop from its recent highs. Monday could see a good uptick above 2020 levels.
AFFLE INDIABeing in the channel
Target - 1719 - 13.5%
SL - 1480 - 2%
Price crossed above SMA 10, 30, 50 , 200
Price broke out of Flag channel.
RSI at 56
AFFLE INDIABeing in the channel
Target - 1719 - 13.5%
SL - 1480 - 2%
Price crossed above SMA 10, 30, 50 , 200
Price broke out of Flag channel.
RSI at 56
Affle , Good opportunity IF HOLDSAffle India if holds could show 1740 / 2200 again . need a good closing again tomorrow.
looking quite decent for a target of 2030+! keep on raddar!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Short Term Investment Pick: Overall trend upShort Term Investment Pick: We can see 1740 very soon as on daily level it is in flag and pole pattern. However the best entry could be above 1740 for 2000/2200/2500 in 3-5 months time. Overall trend is up one can invest 40% above 1615 and remaining 60% above 1740 with daily closing confirmation. "I AM NOT SEBI REGISTER, INVEST ONLY AFTER CONSULTING WITH A FINANCIAL ADVISER. Views are solely personal and for education purpose."
AFFLE - breakoutThere is breakout with gap up and long bottom wick, expecting some correction.
Already there is higher high and higher low formation.
