AGS transact tech - The digital playAGS transact tech was earlier in news with their new cards for bangalore and chennai metro where their Ongo cards are replacing the old metro close loop cards. Technically their was some volume earlier and the in the smaller time frame the range has seen some volume breakout followed by retesting. 128, 160 in sight? lets hope
AGS Transact Technologies Ltd.
No trades
No trades
In-depth trading ideas
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in AGSTRA
BUY TODAY SELL TOMORROW for 5%
Falling Wedge Breakout In AGS Transact Technologies LtdFalling Wedge Breakout is seen in AGS TRANSACT with volume and the momentum has been seen as well.
Quarter 4 Results are due today i.e. 26th May 2023 but this call is purely on Technicals!
Entry at 58.5 to 59 and Targeting around 73 with Stoploss of 49 to 50 on Weekly Closing is good for a Swing Trade.
Ideally Targets are bigger if we go by Technicals but we are here for swing so a decent returns of 20 to 25% is more than enough.
This is my first post/ idea on Tradingview, if I'm Missing something or anything which can be added to understand better, your comments are most welcome.
Views are Based on Charts, so there's no 100% Surety (There is no 100% Surety of anything)
Thank You!
DISCLAIMER : Contact your Financial Advisor before making any positions, This Post is Purely for Educational/ Learning Purpose & has been given on the Technical Analysis.








