INFIBEAM AVENUES LTD @ 16.35INFIBEAM AVENUES LTD @ 16.35
LTP: 16.35
Supports: 10.55/4.55
Resistances: 21/34
As long as 12/10/3 holds support, we can see 21 again and furhter
30-35, 42-50, 27, 61-70, 82-96, 130+++
INFIBEAM trade ideas
Risk vs Opportunity ft. INFIBEAM- Simple price action setup.
- Triangle pattern formation.
- A little more consolidation might happen.
- It might be good for short-term swing also.
- Once the triangle is broken, it will be clear if it was a trap or an opportunity.
- Details are mentioned in the chart
For educational purposes only.
It's not a buy/sell recommendation.
I hope you learn something from it.
STOCK IN DOWNTREND: INFIBEAM AVENUEInfibeam has been in a downtrend for the past three months.
The volume profile is also weakening continuously.
It has to hold the current levels of 27 for few more sessions for any upside movement.
The key resistance levels are 20, 17, 13 levels.
Infibeam is expected to give good quarterly result.
Brokers have upgraded the recommended price to 37 (one year target).
You can partially enter when the current levels are sustained in weekly chart.
INFIBEAM AVENUES BROKEN OUT OF BOX, NOW GETTING READY FOR UPMOVE1. Infibeam Avenues posted spectacular set of numbers in Q1 (net profit jumped Q_Q 28%, Y-Y jump of 208%)
2. On the back of its numbers it is clearly in uptrend.
3. On 1 month time frame, it has broken out of box channel and retested the resistance line.
4. Now it should resume its up move
5. Target-1 of 36.02, target-2 of 39.06 and final target of 42.39 in short to medium term with a stop loss of Rs 30.00
6. Above analysis is for educational purpose only/ it is not a buy or sell recommendation.
Infibeam Avenues LtdThe NPV Avenue Ltd this type of stocks are my botch list for the technical perspective this stocks are fulfill my technical criteria so I have share the stocks technical chart presentations one more idea for how to work a technical chart this talks are easily moved to 48 rupees target to ₹81 for this year ends the stocks are very attractive volume action who will show the downside arrow in the chart very high probability in this type of stock hold the next two to three years the target will achieve 131 because the stocks are the company change in business cycle and improved whole sales growth the sales growth are improved automatically improve your profits the company profit increase so these are easily show in stock price movement and it can be easily moved to ₹31 to ₹131 target for the next two to three years long term prospective view only not a short term bat another one is these are known for any investment idea these are only for technical perspective view my personal view and this stops are already my personal holding so please you are discuss your financial advisor before this company invest investment for your decision only not my decision thank you this contain R only for educational purpose criteria thank you
Incorporated in 2017, Infibeam Avenues Ltd is in the business of software development services, maintenance, web development, payment gateway services, e-commerce and other ancillary services [1
Business Overview:
IAL is a Financial Technology company that offers integrated & scalable digital platforms consisting of Digital Payment Solution and Enterprise Software solutions. It operates an online payment system with technology platform solutions across industry verticals and as a payment processor for online merchants, websites and commercial users. It helps to
simplify business operations and transaction processing for B2B customers viz. merchants, banks,enterprises, governments, etc.
Brands:
Company's payment system CCAvenue provides 250 unique payment options in India, processing payments across 27 international currencies that enable online and mobile payments for merchants. Infibeam also provides services to various platforms, viz. Government e-Marketplace (GeM), Bharat Bill payment services (BillAvenue) and hospitality solutions (ResAvenue)
Business Models:
a) Merchant Centric Business Model (DCB):
It helps merchants in digital transactions for payment and platform solutions
b) Bank Centric Business Model:
This is a de-risked business model for Building Payments Infrastructure
India’s leading digital payment company IAL is India’s third-largest payments solutions provider (DSP) in terms of revenue and market share. The company has 1 mn+ merchants across fintech platforms and solutions portfolio
Services Offered:
a) Digital Payments This is the core segment of the company and they offer three major services:
i) Payment Acquiring – Under this segment, the company offers a payment gateway service for acquiring and processing digital payment transactions. The company provides 200+ payment methods categorized into debit and credit cards, net banking, wallets, EMI, and UPI.
** ii) Payment Issuance - On the issuing side, company offers early settlements of merchant funds, prepaid cards to corporate, corporate credit cards, and lending. The payment issuance allows company to earn higher transaction rates than in the acquiring solutions segment.
iii) Remittance** - The company provides both Domestic and International Remittance services. The company is intending to add the international remittance option on its Payment gateway which will allow Indians to directly purchase products from an International website.
b) Software Platforms
In this segment, company provides software platform for merchants by developing SaaS-based (software as a service) platforms. The company also offers enterprise-level customized eCommerce platforms to large enterprises for handling large sales volume. Through these portals, the company hosts India's largest online marketplace for government procurement through the government e-marketplace portal .
Clientele:
a) India:
Taj, Oberoi Hotels, ITC Hotels, MakemyTrip, Yatra, Paytm, Freecharge, Vistara, Ola Money, Myntra, etc.
b) GCC:
Burj Khalifa, Emaar, Damac, Nakheel, Radisson, Oman Air, Jumeirah Golf Estates, DHL, Tommy Hilfiger, Tim Hortons, etc.
Revenue Breakup - Q2FY24
Transaction based : 98%
Non-Transaction based : 2%
Geographical Revenue Split:
UAE ~5%, Others ~1%, Domestic Sales ~94%
In Q2FY24, Monthly payments TPV in UAE grossed AED 1 bn. In Q2FY24, ~80% contribution in International market came from Credit Card payment option.
Foray into UAE
In Q2FY24, company forayed into offline payments in UAE by offering QR code for payments at merchant outlets. They onboarded multiple merchants including renowned establishments in Dubai like Prime Association Management, a renowned homeowners' association, and the esteemed Jaffer Bhai's The Biryani King of Bombay, which operates in Dubai. This is to be followed by the launch of TapPay (mobile SoftPoS) in UAE by FY24.
Acquisition
In Dec,23, company acquired 49% equity stake in Pirimid Fintech for ~Rs. 25 crs.
Renewal:
On December 23rd 2022, company received Perpetual renewal of the Bharat Bill Payment License by RBI
Merchant Additions:
In FY22, company added a 1.1 million merchants in a single quarter across all its offerings, reaching 8.4 million merchants
TapPay:
Tap Pay is a new acceptance mechanism for payments and is live with almost 1000 merchants. It expects to reach 1 Lac merchants with TapPay by the end of FY2023 and a million merchants by the end of 2024
Conversion of warrants to Equity
Vybe Ventures, owned by Mr. Vishwas Patel (JMD at IAL) & his family, in Oct,23, converted all the warrants to equity, ~95 mn shares.
Capex
Company made capex of ~Rs. 1.2 billion in H1FY24 in international markets. Investments
were largely towards data localization, security & IP rights funded from internal accruals.
Focus
Company aspires to emerge as a key player in the AI-based fraud detection and prevention market. It has made an investment of
~Rs. 1 bn by creating a new AI Hub, as an extension to its GIFT City hub.
Infibeam Infibeam is ready for an entry ✅, as per my previous post it's still in down trend 📉📈 but now it's breakout has been happend with 57.0M volume so this time an 100% or more than 100% returns are waiting for us 🧐✅🎯🚀🔥
INFIBEAM AVENUE getting ready for upmove above Rs. 33.30INFIBEAM AVENUE getting ready for upmove above Rs. 33.30. After breakout from Rs. 25 to 42 level it has consolidated and now formed a base. Going by the volume pattern it seems that distribution phaseis almost overnow. Once it breaks out Rs. 33.3 level we will get the first target of 39 in short term and second target of Rs 49 in mediam term. Keep it on watch.
Ifibeam is Ready for trade After long time correction Ifibeam now trend line breakout is happened 📉📈🎯🚀
It's ready for entry setups 📈📉🖤🤍
INFIBEAM Key Technical Levels and AnalysisI am sharing my analysis of key levels for these stocks. Please note that they may not be accurate, as I am still learning.
INFIBEAM! Is it in the process of Bottoming Out! Good Quarterly results.
RSI is severely down in daily time frame.
Near the Strong Support levels.
Will reach the bottom of demand zone before a reversal.
Let's Wait!
For educational purposes only, not a buy/sell advice.
INFIBEAM will be turn around INFIBEAM will be turn around , because Good volume at 6M timeframe with QTR RESULTS improve
let's see
Education purpose only
INFIBEAM ! BEAM ! BEAM !! BEAM !!!Long Setup.
Short term movement in Ascending Channel. (Target 1)
Long Term movement towards ATH. (Target 2)
Disclaimer: For educational purposes only.
Potential Breakout Above 40 Following a Strategic 25% Correction
Technical Analysis:
Support and Resistance Levels:
The asset's journey through this correction phase has highlighted critical support levels that historically signify strong buying interest.
Volume Analysis:
An uptick in trading volume at these support levels could be indicative of accumulation, signaling strengthening conviction among buyers and setting the stage for a bullish turnaround.
Chart Patterns:
Emergent bullish chart patterns reinforce the likelihood of an upward trajectory resumption.
Fundamental Analysis:
Should fundamental factors play a role in our asset's valuation, it's pertinent to acknowledge recent developments that may bolster its market standing. Be it earnings reports, or regulatory shifts, such elements can significantly sway investor sentiment and, by extension, price action.
Sentiment Analysis:
The prevailing market sentiment, as gauged through social media, news trends, and community discussions, appears to be tilting. A shift from predominantly bearish to a more bullish outlook could very well be the catalyst needed for the asset to overcome current challenges and aspire to new heights.
Conclusion:
Drawing from a comprehensive analysis, there exists a palpable potential for a breakout above the 40 threshold. This projection is underpinned by technical indicators, chart patterns, and a budding positive sentiment, collectively suggesting an impending upward movement.
Disclaimer:
Please note that I am not a SEBI-registered analyst. This document reflects my personal analysis and is not intended as a recommendation for any specific investment strategy. Investors should conduct their own research or consult a financial advisor before making investment decisions. Market investments carry risks, including the loss of principal.
INFIBEAM - Breakout Setup, Move is ON..NSE:INFIBEAM
✅ #INFIBEAM trading above Resistance of 38
✅ Next Resistance is at 49
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 - SWING TRADE - 6th March #stocksINFIBEAM (1D TF) - Swing Trade Analysis given on 6th March, 2024
Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - Done ✓
- Demand Zone Retest & Consolidation - In Progress
Breakout in Infibeam Avenues Ltd...Chart is 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 | Swing Trade📊 DETAILS
Sector: Online Services
Mkt Cap: 6,418 cr
Incorporated in 2007, Infibeam Avenues Ltd is in the business of software development services, maintenance, web development, payment gateway services, e-commerce and other ancillary services
TTM PE : 45.29 (Average PE)
Sector PE : 34.35
Beta : 1.22
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
4.12% away from 52 week high
Outperformer - Infibeam Avenues up by 9.65% v/s NIFTY 50 up by 4.59% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Infibeam--Breakout stock
--Fundamentally best
--Gets RBI's final approval for payment aggregator
--Target- 45/56/64
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 needed
Infibeam Avenue ready for a beamer!!Venturing into AI by aquisitions
80% upside possible from current position
Cup with handle pattern
Note: Only for educational purpose
INFIBEAM AVENUES LIMITED Looking good on chartINFIBEAM AVENUES LIMITED check the chart strong chart patterns with volume confimation
Hidden Gem Infibeam*for educational purpose only.
Stock is showing more strength.
Monthly RSI is above 60 mean that stock is in long term uptrend.
Volume is also increasing.
