Long for doubleRounding bottom BO with volumes . It can double up if maintained above 418.
I am not Sebi registered. This is for analysis purpose only.
AXTEL trade ideas
AXTEL BreakoutAfter consolidating in the rectangle AXTEL is going for breakout with a target of 472 and SL 369
AXTELLevels mentioned on chart. SL based on daily closing.
Low volume stock. Adjust position size accordingly.
Axtel BSE:AXTEL
Weekly chart
flag and pole
Entry -cmp
Sl- below flag bottom line
t1- flag upper line ( RSI divergence)
t2- pole length
favorable R:R
AXTEL Ready for uprunAXTEL Ready for uprun
Symmetrical Triangle BO
RSI Moving up
buy between 310 325
SL 285
T 340, 355, 400
near supportSupport will be found at around 118, the stock has potential to move up to 200 or more under bullish momentum
above resistanceHaving closed above 2/1 ascending angle on closing basis recently, of late the stock is showing consolidation above the support. The stock may start moving anytime with support at 117, the target would be 185, intermediate term
