INFIBPP trade ideas
Infibeam - purely technical pickI usually don't suggest penny stocks. However, I found the chart of a Nifty500 stock, Infibeam vey interesting!
We have a beautiful positive RSI divergence currently in weekly time frame.
If you observe the chart, a similar divergence is visible near the previous low of 7-8 after which it rallied upto 28.
It can be a good positional trade between 12.5 and CMP for targets of 17.5, 19.35 and SL below 11.15 DCB.
Please note that this idea is shared only for educational purposes and should not be taken as a recommendation. Kindly trade as per your own analysis.
INFIBEAM - 5 years Consolidation BreakoutINFIBEAM
1) Time Frame - Monthly.
2) The Stock has been in a consolidation zone / Downtrend since 2018 and has given a breakout & Closed with strong bullish momentum & Huge volume in monthly time frame.
3) INFIBEAM may reach its previous Life Time High (50.50) in the Long Term.
4) Recommendation - Strong Buy
watchlist--stock is trading in a crucial stage
--taken support
--expecting good Q2 result
--upside potential 26
--big buyers volume
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need
Infibeam Avenues: Navigating the Up-Trend Breakout!📈 Key Points:
1. Up-Trend Momentum: The stock is riding a strong up-trend, signaling positive market sentiment.
2. Breakout Confirmation: A recent breakout, coupled with a successful retest, indicates a potential upward trajectory.
3. Entry Strategy: Planning a long entry as the stock has surpassed 23.60, aligning with the breakout momentum.
4. Risk Management: Two established stop-loss levels at 21.50 and 19.90 for prudent risk management.
5. Target Levels: Anticipated targets set at 25.50, 26.80, and 28.75, with potential for further gains.
6. Market Caution: Acknowledging the inherent risks in the stock market; emphasizing wise decision-making.
Educational Content: Sharing insights in a simplified manner, treating this as an educational piece for the community.
Encouraging the community to share opinions and foster collaborative learning.
Let's navigate the markets together and grow collectively!
#InfibeamAvenues #TradingView #StockBreakout
INFIBEAM - Long Setup, Move is ON..NSE:INFIBEAM
✅ #INFIBEAM trading above Resistance of 29
✅ Next Resistance is at 38
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
INFIBEAM LONGTERM MULTIBAGGER Investment with LONG TERM perspective as shown in the chart with the study purpose ABOUT THE DIFFERENT CHARTNG PATTERNS
Disclaimer - This is not a Stock recommendation.
Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates, foreign exchange rates, or any other reason.
It's an educational post for analyzing, learning & discussing general and generic information related to stocks, investments, and strategies.
#INFIBEAM intraday long trade setup (16/12/23)Greetings Folks,
today I have prepared a setup of
NSE:INFIBEAM on NSE
the analysis is as follows-
- the price is in a uptrend momentum right now
- following a weak breakout, price is now retracing to fuel back its efficiency and momentum
- as the price has returned more than 50%, its better to let the price take stable support
- there are 2 possibilities, either the price take support at the trendline or the zone mentioned in chart
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
INFIBEAM - Triangle PatternThis stock has overall consolidation phase since listing but it has their highs and Lows in their run. It has already been broken their main trend line and extending their candles out from the trend and formed new signs.
So, its good to wait and take position to have some momentum in the market. Marked the ascending triangle pattern so wait and trade for better results!!
Note: This is just an educational post expressing from my perception.
Infibeam Avenues - Breakout DueA stock thats been consolidating the last few weeks and one i believe might be an M&A target.
Long above 22.25 with SL below 21.10 for morea aggressive targets but 20 for more conservative traders.
I'd take a lower allocation and keep a deeper SL and double up above 23.25 which would be the real breakout.
INFIBEAMINFIBEAM:- wait till breakout keep an 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.