-potential resistance breakout -formed base in lower levels -bouncing back from support -do not invest more than 2% of your capital -keep sl at todays low 11.25
after some news in china indian optical fibre companies grabbed the oppertunity and this is also one last week respected the resistsnce but this time confident of breaking trendline and longterm target huge if u can hold
Hello Guys! This is a follow which I published on 8th December. We've achieved 55% in one month. It's not bad I think. Chart is performing as my analysis. Hope it'll hit the target on time ; in one 1 month. Target is 164% approx. Please like and comment below if any queries.
NSE:AKSHOPTFBR is about to give a breakout from 14 Rs. breaking Cup and Handle Pattern. it can go toward 28 being restless. keep this on your Redar for Swing trade opportunity for at least 30- 40 % Retunrn. I have added this in my portfolio when it was at 9 Rs. HAPPY INVETING...
I gave this trade 9 8th Dec. Today it closed at 10% up in upper circuit. Target is 125% (26) Thise who entered in this trade comment below.
Risk - reward is 10x. (10:1) One should have to manage the position sizing only.
AKSHOPTIFBR is trading below fibo level of 61.8% retracement in Daily charts. As per its long term chart (weekly) fibo level of 61.8% is at 8.45. A good bounce back is expected at this level.
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Price accumulating below a multiyear low. currently respicting weekly and daily demand zones. My entry zone is a bit suspicious as looking on the lower Timeframe 4H, there appears to be a gap up and then a tap into the concerned zone. So in essence it wouldnt be the first time price has tapped that. But eh, optimism. entry would be 6.3 to 6.4 ish. No Idea...
ABCD pattern looking bullish Target 29 SL:17 CMP:20.45 Investment : 2045(100 qty) Risk :245 rs reward: 855 rs Note: Only for educational purpose , i am not expert .
curious case of AKSH Optifiber! might slide till 22.8
lack of demand in the monthly chart disclaimer.... not an investing/trading recommendation
In a couple of days it is likely to hit 32.30 and then will move up for a target of 37 in medium term.
there was a sharp retracing from the line of good demand and close above another line shows SOS.. this bearish cypher most likely will fail to reverse the uptrend and it will test the line above... i have a feeling this will even cross it, the advance has such a massive volume, if this big spread on the advance is reversed of then the demand is most likely to...
Schiff Pitchfork ML play + traditional pivot and fibonacci systems used to find levels.... Kumo cloud of ichimoku is provided in the chart which is derived from the weekly chart.. There are 2 possibilities of the track of the price action to go, we will have to watch how the weekly pivot is held/broken... If the weekly pivot is broken the daily S3 support is...
In monthly, price broke out of multi year horizontal resistance and sustaining above it. in weekly, BB is trending up and and price sustaining above 20ma. in daily, price broke out of consolidation and pushing upper BB upward, and BB is expanding with sl - 24 1st tgt - 85, long term tgt - 155