Critical Level, Go Long!Affle at critical level..!
Crossing 5100 will give next boost to go upto 5500+ where next resistance exits..
AFFLE trade ideas
Affle ltd. very aggressiveBullish move surge is initiated.Time for Long position & within a span of month as a swing trade will break all time high with daily upper circuit
Affle broke the downtrend channelA good opportunity for a swing/positional trade(22%). Can be bought for a target of 5500 and 6000. CMP-4900 and SL will be 4500 on a closing basis. A 1:3 Risk Reward setup.
Long in AFFLE INDIAThis scrip had brokeout from a smaller trendline, to be precise it had brokeout from a correction. As this is in an uptrend for one may consider to go long in it with SL below the support zone. It is best suitable for swing traders who can hold this for atleast 2 months.
If you're a very conservative trader, then wait for the scrip to break the supply zone then take your long position in it.
Affle_Weekly-TFIn focus could potentially give a 10-15% breakout with the split this week once closes above the resistance. Only for study purpose.
Is your Stoploss correct?Many people know the importance of Stoploss but placing stoploss is also need little effort and logic.
GO long started its uptrend!!Stock has great fundamentals!
Got support from previous breakout range and bouncing back.
Stock split of 1:5 is also announced.
Great stock for short & long term.
AFFLE is about to show Golden crossoverNSE:AFFLE had been showing good momentum for the last few trading sessions. And it's ready to show golden crossover soon. It might show 5000 levels soon.
AFFLE - Bullish DivergenceThe stock can be bought based on purely bullish divergence in RSI. Supply is exhausted and now it's time for up move.
Buy Affle Cmp 4363 Sl 4100 TGT 4500Buy Affle Cmp 4363 Sl 4100 TGT 4500 /5200++
Best stock Buy For now
🔝 risk reward FAVORABLE
Bullish momentum expected #breakoutAffle has been in a price and time correction from a long time.
BUY reasons:
1. 50 DMA reclaimed with good volumes
2. Trendline broken and sustained.
3. Consistent Exceptional results from the company.
Cautious points:
Promoters decreasing their stake
Stock in NSE ASM list , hence in trade-to-trade category with dried volumes.
Stock is ready to be bought, but the trade is a bit risky, SL of 3950 and targets of 5075 can be achieved within some months.
Quality stock at good price, once it gets out of trade to trade, it can do really well.
AFFLE is in upper circuitNSE:AFFLE is in great momentum. After the split news it's rallying like anything.
AFFLENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Affle India Ltd - Fundamentals and Technicals Can Affle India Ltd become a multibagger stock? What is it’s business model? What is the right time to invest?
Affle (India) Ltd. is a portfolio stock with a huge potential to become multibagger. Why I’m saying this is because of this company’s wonderful business model as well as the fundamentals. A little brief about the company are as mentioned below:
1. Affle India is a technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements, and transactions through relevant mobile advertising.
2. Technology Enabled by a Rich Patent Portfolio - 18 Patents granted and filed in fields of Consumer acceptable advertising, Messaging, Search & Ad Fraud Detection.
3. Recent Acquisitions
* Vizury platform – 2018
* Shoffr, Revx – 2019
* Mediasmart, Appnext – 2020
4. 95% of its business is Mobile apps advertisement focused & Mobile advertising spend is projected to reach a share of 64% of total digital ad spends by 2022.
5. With market Cap of Rs.13,845 the company is very small this this point of time and considering the business model, have a huge potential to become a giant.
6. ROCE - 42.7%, ROE - 43.5% which is very impressive, P/E is 151 which makes valuation of this stock look costlier but considering the fundamentals it’s not gonna stop soon.
7. Topline (Turnover) of the company has grown to aprx three times in last 4 years since listing from 167 Cr in 2018 to 455 Cr in 2021, so does bottomline (Net profit) from Rs.28 Cr in 2018 to Rs.92 Cr in 2021.
8. The company have borrowings of Rs.101 Cr in 2021 balance sheet which is negligible considering the net worth of the company.
9. On the charts long-term trend is in uptrend but short-term trend is in downtrend as you can see on the charts. This is because the stock is taking time correction after giving huge up move consistently since listing.
10. Wait for sometime buy as soon as the stock again comes in uptrend and hold for 3–4 times. (Never buy falling chart pattern, is a very basic rule of technical analysis no matter how strong is the company).
FRESH BUY - Above 5796
OLD BUY - HOLD
TARGET - At least double i.e. 12000.
Affle IndiaLooks like it has decided to move to the 3600-3700 range. But overall its a good buying zone. But if we see a strong reversal from the 3600-3700 zone that could be a good risk-reward trade for the short to mid-term.
NeutralAffle India is a technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements, and transactions through relevant mobile advertising. It’s a Singapore-based company founded in 2005 and entered India in 2006. They work on Paas (Platform as a Service)Business Segments
Consumer platform (97%) - New consumer conversions (acquisitions, engagements, and transactions) through relevant mobile advertising, retargeting existing consumers to complete transactions for e-commerce companies, An online to offline (“O2O”) platform that converts online consumer engagement into in-store walk-ins.
Enterprise platform (3%) – provides end-to-end solutions for enterprises to enhance their engagement with mobile users such as developing Apps, enabling offline to online commerce for offline businesses with e-commerce aspirations, and providing enterprise-grade data analytics for online and offline companies.
Product Portfolio
CDP for Marketing Automation - Data & Audience Intelligence Platform to Grow ROI
Online to Offline Businesses - Platform helps fulfill omnichannel customer journeys, converting online impressions to offline sales
Technology Enabled by a Rich Patent Portfolio - 18 Patents granted and filed in fields of Consumer acceptable advertising, Messaging, Search & Ad Fraud Detection.
High Engagement Video, Rich Media & Native Ad Experiences - Layered over our data-driven targeting & retargeting algorithms
Behavior, Transaction & Attribution Data based Decisioning - Structured Data Sets driving Prediction & Recommendation algorithms
End-to-End Platform to Grow Marketing ROI - Enhance Marketing ROI and drive Consumer Acquisitions, Engagements & Transactions # #
Revenue Mix -
Geographical- India - 47% and Rest of the world - 53% in FY 20.
Top 10 verticals (74% revenue contribution)
Category E – Ecommerce, Entertainment, EdTech
Category F – Fintech, Foodtech, FMCG
Category G – Gaming, Groceries, Government
Category H - Healthtech #
Product wise: FY20 - Cost per Converted User (CPCU) – 91%, Non-CPCU – 9%.
CPCU Revenue – 41.1% growth in FY20 Vs FY19.##
Recent Acquisitions
Vizury platform – 2018
Shoffr, Revx – 2019
Mediasmart, Appnext – 2020
These acquisitions and strategic investments reaffirm their commitment to building sustainable market leadership as part of Affle2.0 strategy # #
Future Action & Growth
Working towards Affle2.0 strategy (Primary focus on 2V’s – Vernacular & Verticalization. Vernacular enables hyper-personalized consumer recommendations and Verticalization enables deeper insights across consumer segments leading to greater ROI Impact.). #
Mobile Focused
95% of its business is Mobile apps advertisement focused & Mobile advertising spend is projected to reach a share of 64% of total digital ad spends by 2022
Price Cluster for #AFFLEFor AFFLE mention price cluster level, there is a probability stock will react as per mention level
Entry at breakout.Entry at breakout after it breaks descending triangle pattern.Education purposes only
AFFLEAll charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
