Affle India - Long biasinteresting setup on weekly, stock trying to clear the trend line and horizontal resistance of 1100-1120. More bullish once stock sustains abv 1160-70
AFFLE trade ideas
AFFLE IndiaThe stock has been closing on the positive note from the past three days and currently trending above its all key moving average. The momentum indicator RSI is moving towards upside gradually and entered in the bullish zone along with positive crossover on MACD. Thus, positions could be initiated
Affle India to give around 30-40% return in the next monthsI see Affle India stock consolidating from 2 and half years, It has absolutely given a zero returns in this, despite having a strong revenues profits.
NSE:AFFLE
It has almost grown its profit and revenues 50% in the last five years which means it has doubled its profits and revenues in every two years.
The P/E of the stock has drastically fallen below the median level, So for me, this stock is considered to be the best for the short to mid term with having upward move up to 40 to 50%.
AFFLE - Bullish Consolidation with VolumesNSE: AFFLE is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Here We Goooooooo...... Price Action Trading
How I find the trade:
1) Stock is trading in a Major area of support and resistance
2) Stock is taking support at the resistance level ( POV buying pressure is higher )
3) Breakout soon
#AFFLE Coming out of long time correctionComing out of long-time correction this IT gem should do rapid move
Fingers crossed
AFFLENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
cup handel breakout supported with good resultAffle India breaks out of cup and handles ready to take it to 1290
AffleIndia: Flag BO on WTF for 15% TGT A bullish Flag and Poleon Daily chart of NSE:AFFLE is emerged with Very good volume.
Long position can be created in the scrip as per the price levels mentioned on the chart.
If you agree with the idea then hit the airplane icon and don't forget to follow me to all the latest updates.
The Risk Reqard Ration is 1:2 or more.
Exit the position if the stop loss is triggered on WCB.
I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
affle long view above inverted head and shoulder pattern.Affle can give a upside of 15% and above .
i am not sebi registered .this is just for education purpose only. I am not responsible for the profit and loss.
AFFLE looks good for a move up with a bit more accumulation Stock looks good for a move up following up a accumulation , forming a bullish pattern and good momentum . Plots available on chart for referrence
AFFLE DOUBLE BOTTOM BREAKOUTAFFLE breaking out from double bottom
huge volume good RSI
trading above 20 ema
educational idea only
AFFLE | Swing Trade📊 Details
Incorporated in 1994, Affle is a global technology company with a proprietary consumer intelligence platform that transforms ads into recommendations helping marketers to effectively identify, engage, acquire and drive transactions with their potential and existing users
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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Affle BreakoutAffle is on breakout, but it is on resistance level.
Swing traders can enter with cautious.
Thank you,
Purus.
Inverted Head & Shoulder 📌Inverted Head & Shoulder
📢Keep an eye
#AFFLE
- INH&S Pattern BO
- Supported with high volume
- Above Key EMAs
- Bullish RSI
Swing Trade opportunity in AFFLESwing Trade opportunity in AFFLE.
Entry - 920
Target - 1020
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
Affle for Medium TermAffle (almost Debt free) stocks seems to be in good support level. Volume is good.
🚨DYOR
🚨SL must, it depend's on your risk appetite
🚨I am not SEBI registered.
AFFLE BULLISHAFFLE closed 987.1 with a stop loss of 929 then targets are 1051-1105.
Buying Reason.
1 --> Price creates the "W" pattern.
2 --> RSI also crosses the 50 levels.
3 --> ADX is showing a Bullish move.
4 --> Volume is also promising.
AFFLEAFFLE:- Head and shoulder has formed, breakout has also given, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
