Next jump ahead!Support and resistance are ready to push the stock price ahead for the next jump! I'm Bullish. Go long!
AFFLE trade ideas
affle india affle india trendline breakout
with long term holding only
currenttaly under asm and T2T(deliverybased)only.
split of 1 share into 5 share declare .
record date yet to be announced
WATCH FOR TRENDLINE BREAKOUT | AFFLE AFFLE Daily: Watch for breakout above 4752 on day closing basis
1) Trendline Breakout
2) Target 1( Short term) - 5057, T2 (Medium Term) - 5753, T3 - 6291 (Long Term)
Bullish RSI Divergence - Case Study #2 with future tradeIn case of AFFLE India, in the daily chart frame, we can observe the price made a lower low before finally making an upmove from 3800 to 4350. However the RSI made high lows which is the complete opposite of the price movement. This indicated that the buyer strength was increasing even with the drop in price.
How should one trade?
One should go long with a SL below the latest low of the price i.e. 3800
In this case, since the stock has already moved up, one should wait for the stock to again come back to 4000-4200 levels for buying with a SL below 3800. One can take a target of 5000 and beyond in short term.
The stock is a quality bet which is now available at almost 30% discount from its 52 wk high.
expecting a good upmove now.one needs to be patient as long as the stop loss is protected.Can get a good upmove till the targeted levels.
AFFLE (INDIA) LTD is on the cusp of breakoutAfter breaking the descending resistance followed by the formation of rounding bottom the stock is now on the cusp of breakout.
Keep an eye on it!
Keep learning! Keep sharing! Keep supporting!
AFFLE India-Daily BreakoutAffle India stock was corrected for a while and now it gave a breakout. We can expect 20-25% returns.
Note: Please consult your financial advisor or take risk on your own repsonsiblity.This is purely for learning purpose
AFFLE (Trend)-Some wave counting
-Can reach price territory of 5800 (OR) Can do sideways. Will have to check the structure over the coming sessions.
/* Not a trade recommendation */
AFFLE - It is time for me to move !
On the Weekly time frame, AFFLE has corrected to its last level of retracement, is taking support from its long trend line and now has a Hidden Divergence in place for it to move upwards.
On the 1 Hour chart as well, it is breaking out of its trend line with an Inverted Head and Shoulder pattern along with a Hidden Divergence.
This week should mark the return of AFFLE INDIA.
Bullish breakoutBreakout , as already published earlier ....education purpose only, please comment your views
AFFLE : Looking for great opportunity to buy!AFFLE India is looking for great opportunity to buy before the stock split, Currently running in stage 3 of the ASM. Expecting to reach at 7000 for the TG.
AFFLE - WedgeWedge forming on 3H Chart of AFFLE INDIA. BUY CMP, Support 4070, 3950, 3880, 3750. Strong Resistance in the 4300-4400 range. A Daily Close above 4400 will push the price upwards towards the 5000 mark. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
AFFLE stock analysisIn monthly timeframe correction is completed. And in daily timeframe downword trendline has broken.we can buy this stock for long term. Target 9032 stoploss 3592.7
Elliot wave Analysis # Bullish ViewAFFLE (INDIA) LTD, Elliot Wave Outlook
Market Cap: 11,628 Cr PE: 86.26 (SmallCap)
Confirmation to Buy @ CMP
Invalidation level @ 3815
Positional Target: 5051, 5800, 7259
Holding Period: 1 to 90 days
NSE:AFFLE
Critical Level, Go Long!Affle at critical level..!
Crossing 5100 will give next boost to go upto 5500+ where next resistance exits..
Affle ltd. very aggressiveBullish move surge is initiated.Time for Long position & within a span of month as a swing trade will break all time high with daily upper circuit
Affle broke the downtrend channelA good opportunity for a swing/positional trade(22%). Can be bought for a target of 5500 and 6000. CMP-4900 and SL will be 4500 on a closing basis. A 1:3 Risk Reward setup.
Long in AFFLE INDIAThis scrip had brokeout from a smaller trendline, to be precise it had brokeout from a correction. As this is in an uptrend for one may consider to go long in it with SL below the support zone. It is best suitable for swing traders who can hold this for atleast 2 months.
If you're a very conservative trader, then wait for the scrip to break the supply zone then take your long position in it.
Affle_Weekly-TFIn focus could potentially give a 10-15% breakout with the split this week once closes above the resistance. Only for study purpose.
Is your Stoploss correct?Many people know the importance of Stoploss but placing stoploss is also need little effort and logic.
