SWING TRADE - AFFLE INDIA 16th dec 24Resistance Breakout after retest in hourly Timeframe
SL 1825 TRGT - 1:1 RR +
AFFLE trade ideas
BREAKOUT @AFFLE WITH MULIPLE CONFIRMATION
STOCK: AFFLE
SETUP: Two years of breakout after consolidation, retesting the breakout zone, and giving breakout after consolidations.
VOLUME: Consolidation phase silent volume, Breakout with good volume , Restesing with lesser volume.
PYCHOLOGY: Stock at ATH nobody is in fear, Consolidation for log period by big players that are not for small targets.
PLAN: Entry above 1870 manage your risk and keep your R:R at least 1:2.
STOP: There is no perfect SL, It can be below the low of a candle or last swing, whatever is suitable to your mindset and risk appetite.
NOTE: Protect your capital#Manage your Risk#For learning purposes.
NOTE: Will not update on same, Take target or Take SL
Short swing trade for Affle India at 1786.6One can enter into a short swing trade for Affle India when it crosses its previous high of 1786.6 with a stoploss at 1775.75
Breakout Blitz: 3 Stocks to Supercharge Your Portfolio◉ Affle (India) NSE:AFFLE
● In the midst of an upward trend, the stock previously formed a Rounding Bottom pattern, and after a breakout, the price experienced a significant surge.
● However, around the 1,715 level, the stock encountered substantial resistance, leading to a decline followed by a period of consolidation.
● Recently, another Rounding Bottom pattern has been developed, and with a recent breakthrough, the stock is now trading at an all-time high, with expectations for continued growth.
◉ KFin Technologies NSE:KFINTECH
● The stock price is evidently trending upward, characterized by a succession of higher highs and higher lows.
● After effectively breaking out of the Rounding Bottom pattern, the stock saw a significant increase, approaching its previous all-time high around the 1,190 level.
● However, it encountered substantial resistance at that point, leading to a pullback and a subsequent consolidation phase.
● Now, following a recent breakout, the stock has positioned itself above the breakout zone and is ready for a potential upward rally.
◉ EID Parry NSE:EIDPARRY
● After a period of consolidation, the stock price has developed an Inverted Head & Shoulders pattern.
● Following the breakout, the price initially climbed sharply but soon entered a significant consolidation phase, resulting in the formation of a Broadening pattern.
● Currently, the stock has achieved a breakthrough and is set to enjoy additional gains.
Affle Broke out of consolidation!Affle broke out of a long consolidation.
-Good pattern
-Good Volume
Looks good from CMP, or wait for a retest of breakout level.
CMP: 1469
Affle india breakoutAffle india multiyear breakout and support is retested. Looking strong with volume support.
Round bottom pattern Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Affle India for 60%+ gainsDate: 6 Nov’24
Symbol: AFFLE
Timeframe: Weekly
Affle India seems to be in Wave V of 3 which may end around 1850. And after correction in Wave IV, the price is likely to head to 2450 (60%+ from where Wave IV ends) as seen in the chart. Once the prices go past 2000, five waves of Wave 5 will be more visible. Wave 5 could even extend and head towards 2800+; will review this as waves develop.
This is not a trade recommendation. Please do your own analysis. And I have the right to be wrong.
HINGLISH VERSION
Aisa chart dekhke lagta hai ki Affle India 3 ki Wave V mein hai jo 1850 ke aaspaas samaapt ho sakti hai. Aur Wave IV mein giraavat ke baad, keemat 2450 (60%+ jahaan Wave IV samaapt hotee hai) tak pahunchane kee sambhaavana hai. Ek baar jab keematen 2000 ke paar chalee jaengee, to Wave 5 kee paanch waves adhik dikhaee dengee. Wave 5 extend bhi ho sakta hai aur 2800+ kee taraf badh sakta hai; wave vikasit hone par isakee sameeksha karenge.
Yah koee trade lene ki salah nahin hai. Kripya apana vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.
AFFLE RANGE BREAKOUTAffle breaking a range daily basis
with good volume bullish rsi
trading abpve 20ema
#target 1700-1775
EDUCATIONAL IDEA
AFFLE INDIA shows positive trendAFFEL INDIA has shown positive trend after break out from level.
Its has perfectly clear rounding bottom pattern break out and since last 4 week sustain above breakout level.
Expected this momentum continues and as per pattern it may hit 2100++ level. Which is around 35-40% upside.
I am not a registered advisor so please take advice with your registered financial advisor before making decision of any investment. All investment is subject to market risk.
AffleBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
AFFLE INDIA LTD (LONG)NSE:AFFLE has broken its downward parallel channel and has started moving in an uptrend, may rise to 1320 level in the nearer term.
my fav stocki have been following this stock from so long
company is good
price is good and i feel its low valued stock as price
let see how it goes
Affle LtdSL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
AFFLE INDIA BREAKOUT Need to Wait for Retest?AFFLE INDIA BREAKOUT Will It Continue Its Trend and Need to Wait for Retest?
AFFLE - Ichimoku Breakout📈 Stock Name - Affle India Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1600.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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AFFLE INDIA : Large consolidation Breakout at All time highAFLLE INDIA is breaking out 📈 from its long consolidation of almost 3 years of timeframe.
🔰 Now the next station of the stock is at least the range of the consolidation which is almost 80% upside.
🟢 Range : 1500-1520
🎯 Target : 2000 / 2400 / 2700
🛑 SL : below 1200 (wcb)
⚠️ Disclaimer : This is not a buy/sell advice. It's only a view for an educational purposes.
Buy AFFLE for a target of 1650Buy AFFLE for target of 1650 in 1 month, stock looks strong, can be added to portfolio
AFFLE INDIA LTD - Swing Trade Analysis - 29th June #stocksAFFLE INDIA LTD. (1W TF) - Swing Trade Analysis given on 29th June, 2024
Pattern: CUP & HANDLE BREAKOUT
- Resistance Trendline Breakout with Retest & Pullback - Done ✓ (Pattern within a pattern)
- Strong Volumes Buildup at Weekly Resistance Zone - Done ✓
- Multiple attempts to break the Weekly Resistance since 2022 - Done ✓
- Retest at Demand Zone marked for a small SL and a better RR - In Progress
* Disclaimer
AFFLE bullish; above 1529 ? - Wednesday 31-July.AFFLE: Headed higher if 31 month long resistance is broken on good volumes.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose....
INTRADAY Trading Strategy in 3 stages of breakouts:
1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.(another 2-3%)
Both Safe Traders/High Risk Traders book profits at this stage
SWING Trading Strategy:
Position is kept open, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose....
Understanding Risk-ManagementThe stock is trading at lower prices if you see last month's movements. In the last few days, it formed a double bottom
and again came down to lower levels. If reverses from these levels, a bull run may come.
The risk-reward ratio is good at this point.
1. If we enter at 940 while considering the stop-loss at 860 - the loss will be 60 points.
2. If prices go in our desired direction, the final target comes at 1500 - the profit will be 560 points.
So we have to keep our position size in a way that if we have to exit at a loss, that should be manageable for us.
This means we should be ready for that loss. Else while going in profits, we may exit at the first target of 1140.
Let's calculate the quantity of 25.
If we have to exit at a stop-loss of 860 - the loss will be 2000.
If the price reaches the first target of 1140 - the profit will be 5000
if the price reaches the final target of 1500 - the profit will be 14000
We should always keep our position size in accordance with our risk capacity.
Risk management is a general concept in every aspect of our life and normally we follow this other than the stock market.
Only for learning and sharing purposes, not a bit of trading advice in any form. Please do your own analysis before taking any trade or consult your financial advisor.
All the best.
