AFFLE trade ideas
Perfect example of ascending triangle breakoutIn this bullet market ascending triangle breakout is must considerable Take seriously chart for study purpose
AFFLE (INIDA) LTD AnalysisFOR LEARNING PURPOSE
AFFLE (INDIA) LTD - The current price of AFFLE (INDIA) LTD is 1343.70 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. Its making a new high in 2 years and coming out from a long base of 2 year
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. This stock has underperformed in last 3 years (where many were making ATHs, this was not making) but now, its showing some signs that it can do good and now probably it can act as leader for next few weeks
6. The latest result has been good which is a bonus
7. This stock did great in 2020-2021 and then went into correction which was much needed. This got listed in 2019
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 1187 rupees
I will be managing my risk.
Big Move Coming In Affle, Breakout with Strong Volume! ✅ The stock is breaking out after forming a long consolidation pattern, signaling a strong upward move.
✅ Strong support around 1100 levels due to the trendline. The breakout above the resistance around 1340 suggests a potential move towards 1800+ levels.
✅ RSI is at 65 showing strong bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals.
✅ Significant volume increase confirms strong buying interest and bullish sentiment, backing up the breakout scenario.
✅The company has shown steady revenue growth and strong profit margins. Its solid balance sheet and effective cost management contribute to financial stability.
✅ A leading player in the digital marketing sector, the company has a strong presence in the Indian market. Continuous innovation and expansion provide a competitive edge.
✅The digital marketing sector is experiencing robust growth driven by increased online activity and digital transformation. The company is well-positioned to capitalize on these trends.
AFFLE Potential Break out AFFLE Can be potential break out at 1395 with stop loss of 1230 for the target of 1560 & 1725 & 1890 & 2055
Affle ...long story in the makingIf the market supports and bullish momentum comes back then Affle can break all time high and this time it will not reverse from there I think 1500,1560,1600 and in next 3-6 months 1800 can be seen. Accumulation zone.
AFFLE INDIA 1745 ?Affle is consolidating from 2021 and forming a compression pattern and stock is starting new trend we can buy this script with 1000 stop loss with target of 1750
Multi year breakout in AffleStock given entry today.
Despite the bearish volatility, stock closed positive.
entry can be taken or can be planned after next day bar analysis.
must in watchlist.
taken pilot position and build further positions after ATH breakout
AFFLEBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
Affle India - Next Big Upmove Possible?views on monthly tf with positional long bias
can track for entry on weekly + daily combination
Affle India Support Resistance levelsThe resistance line around 1394.6 INR indicates a price level where selling pressure may increase.
The support line around 961.85 INR represents a level where buying interest could emerge.
This is my personal view.
Study the stock and analyze it.
Note: Remember that investing involves risks, and it’s essential to conduct thorough research and consult with a financial advisor before making any personal investment decisions.
Affle pe Nazar: Pehle breakout, phir retracement, aab umeed Affle India: Symmetrical triangle breakout, after retracement the stock is moving upwards. The levels of 1420/1600+ likely.
Good to go upside after breakingout and retest is happening and may raise soon
Target1: 1270
target 2 : 1340
good to enter at B'out candles 50%its a good B'out but not sure it will sustain as it creating the support below, may break if it holds on the same level for long time. For low RR its good.
Affle Buy SignalAffle is showing consolidation for long time and fundamentals are good so far!
Price already retested the breakout and one can make pyramid positions as its start to rally.
Affle Cup n Handle Pattern..ready for breakout Affle is showing cup and Handle pattern breakout and retest now. I think it is ready to break 1400 levels and then 1500,1600 in short term.
My Target is 1400,1500,1600 in coming 2-3 weeks.
AFFLE MAKING ITS MOVE!Back with another banger if the market likes to decide to go up. affle is curretnly at its support line and its targetting to make 20% min (hopefully). +-
AFFLE : Breakout done above 1150Affle is being traded above its weekly chart hurdle,
So, Bullish View.
Target 1230, 1321
SL : 1105 (1 day close base)
Risk is yours and Reward is too yours totally
Strong support 1061.75Bullish Reversal View:
Affle,
Invest in Affle at cmp and
Keep SL : 1044
Target 1090, 1126+
Risk is yours and Reward is too yours totally.
Time Frame : 1_3 Months
Affle - Breakout madeAffle India has given a cup & handle breakout.
Cup & Handle is much reliable pattern in technical analysis. But still never trade without SL.
Note: Volumes are good in weekly but not so good in daily. This means that SL is important and it may take a longer time for the target.
CMP : 1204
Breakout level: 1185
SL: 1110
Target: 1340
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
