ROUTE trade ideas
ROUTE : Last opportunity to go for long!Route is looking for a great buying opportunity to make the move to the upside. TG 2400
ROUTE MOBILE - Right Entry?After the recent correction, the stock has now turned tides.
Awaiting a breakout of the falling channel.
MACD also looks set for a positive crossover.
Usually , technical analysts recommend buy on horizontal breakouts but when there are more factors to suggest an up move right at the bottom, it is worth taking a risk of 30% of your planned investment in a stock.
MULTIPLE TIME FRAME ANALYSIS 05.03.21BUY ABOVE :1567
TARGET : 2329
Reason For Buying This Script :
It is forming trend line & channel line .
In weekly time frame it has formed dragon fly doji formed . It shows buyers are in control .
IF you need high conformation means the price has to trade above 1567 & it should close above 1567 in weekly time frame or else you can buy current Market Price.
Note:
Above given levels are based on weekly & monthly time fame . so be patience it will so days to achieve the target.
ALL THE BEST ....
Route mobile looks weak.After today closing below 1500 level route mobile looks weak. Go short /SL 1505.
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Standard disclaimer
I’m not a SEBI registered advisor. I’m also a market learner like everybody else. The analysis given below is based on my own market experience in last few years. I also advise before taking a trade please carry out your own analysis and trade based on your own risk appetite. Trading is all about probabilities and I can be wrong at any time.
I prefer swing trading over intraday trading so most of my analysis is about swing trading only (higher timeframes).
I request you to follow me on my profile to keep me motivated and to post further high momentum swing trading opportunities in the market.
As a rule of thumb never trade more than 10% capital of your account on a single trade and do not risk more than 2% per trade. This can help you to stay longer in the market. The longer you stay in the market more the chances of making profits.
Thank you for supporting me.
#cutyourloserholdyourwinners
ROUTE MOBILEBreakout from the parallel channel with big volume candles. Should consolidate a bit before moving higher.
longUnique business model. A clear cut MOAT in their business. Almost 96% share holding in promoter and FIIs and DIIs. for a long term investor its great buying. be investing and stay long
ROUTE MOBILE - Trendline ObservationsTrendline Observations(s). A simple trendline breakout on 2H Chart of ROUTE MOBILE. BUY strictly above 1230 -> 1240, 1250, 1258, probably can touch and go above ATH. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Bullish on Route MobileBuy when 1 hour candle close above 1223
target is 1430
and stop loss is 1088
stock will take 30-40 days.
ROUTE // BREAKING OUT // TARGET 1250Daily Swing Call for Friday 30th October 2020
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade. //
CMP / LTP: 990
TARGET: 1050 (25%+) // 1st Target (Follow me for 2nd Target)
STOP LOSS: 900 (10 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
Notes:
- *IDEAL BUYING RANGE: This is the pricing range if the stock corrects / gaps up after my buy call. If u don't want an aggressive trade, you can wait for a
"possible" (not guaranteed) correction. One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3-5%
range). This way the Risk Reward can be improved and profit can be optimised.
- Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL follow them on daily closing basis.
- Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period, but if SL / Target are not triggered and you still wish to
hold the trade, this can be done as long as SL is followed or trailed.
- All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5 (Can go upto 2-3 range depending on the market conditions)
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade / invest at your own risk.
let's see what thing the stock respects: wave or channel?hello guys :)
came back with a new Idea and I think so that many of you have doubts about this stock like when and where to enter?hold or exit? etc...
I also posted previously Idea that you can enter in this stock;that time it was 800 to 850 levels...
I also bought this first @830 and after that I also bought @726 as I founded it bullish according to my analysis.
but sorry guys I forgot to post an Idea on this :(
now you can see the chart that the stock made a channel and also an elliot Impulse wave.
now what will it respect?and when to enter,exit,or hold is given in the chart.
Thanks for viewing this.may help you :)
Aniket
#ROUTEMOBILE DAILY CHART VIEW!!#ROUTEMOBILE DAILY CHART VIEW!!
RouteMobile has taken monthly breakout and likely to stay positive till the stock holds 970-980 zone on closing basis.
Further momentum to take place above swing high of 1015 level.
Technical setup looks quite strong as of now.
Keep a watch.
