INFIBEAM: SELL @ 54.80 Stoploss 58.5 Target 34.80INFIBEAM is closing a strong resistance zone and likely to be sold off today. Could be a possible profitable trade.
SELL INFIBEAM at 54.80
Stoploss 58.5
Target 34.80
INFIBEAM trade ideas
crazy market born the most insane opportunity INFYBEAM Infybeam had seen great fall in last 1 month and than retrace now again giving opportinuty for short Nr4 break and good reasistance at this price I will focus this week short side on Ifybeam below 46 with sl 54 for target 30++ may be i will go with CE short.
INFIBEAM Inside Bar Tradesell if it crosses PDL with stoploss at PDH
buy if it crosses PDH with a stoploss at PDL
INFIBEAM Outside Bar Tradebuy if it crosses PDH with a stop loss at PDL
sell if it crosses PDL with a stop loss at PDH
INFIBEAM Inside Bar Tradeit made a inside bar in weekly and week before that was also an inside bar so its compressing massively.
buy if it breaks PCH with a stoploss at PCL
sell if it breaks PCL with a stoploss at PCH
INFIBEAM LONG POSITION1. Infibeam is trading in narrow range since from last week formed a flat bottom
2. RSI is in completely oversold zone
3. Squeeze Momentum Indicator generated early buy signal
Infibeam Contranian ViewThere is a 90% chance that the stop loss will get hit but the reward is worth gambling.
InfibeamIts a flag pattern breakout, it may go to 238/39.
once it will cross above 239.20 then it would be a new breakout..
put a strict SL at 229 as it looks like a manipulated stock....Be careful
INFIBEAM Bounce Uptrend Trade Buy above the break of previous swing high with a stop loss at last swing low
INFIBEAM Bounce Uptrend TradeEntered on 10 Jul 18 on 154.75 with a stop loss at 149.05
TSL - update on 17 Jul 18 from 149.05 to 153.10
TSL - update on 02 Aug 18 from 153.1 to 175.2
TSL - update on 8 Aug 18 from 175.2 to 183.15
Current Trailing Stop loss = 183.15
In case of hitting stop loss confirmed profit of 28.4 points
INFIBEAM Bounce Uptrend TradeEntered on 20 Jul 18 on 162.3 with a stop loss at 153.1
TSL -1.72% - update on 02 Aug 18 from 153.1 to 175.2
TSL -1.72% - update on 8 Aug 18 from 175.2 to 183.15
Current Trailing Stop loss = 183.15
In case of hitting stop loss confirmed profit of 20.85 points
INFIBEAM LongEntered on 20 July 18 on 162.30 with a stop loss at 153.10
TSL 0.00% 0.00% 0.00% 0.00% 0.00% update on 03 Aug 18 from 153.10 to 175.50
TSL 0.00% 0.00% 0.00% 0.00% 0.00% update on 08 Aug 18 from 175.50 to 183.15
Current Trailing Stop Loss: 183.15
In case of hitting Stop Loss confirmed profit: 20.85
INFIBEAM longEntered on 13 Jul 18 on 162.25 with a stop loss at 150.10
TSL 0.00% 0.00% 0.00% update on 16 Jul 18 from 150.10 to 153
TSL 0.00% 0.00% 0.00% update on 02 Aug 18 from 153 to 175.60
TSL 0.00% 0.00% 0.00% update on 07 Aug 18 from 175.60 to 183.80
Current Trailing Stop Loss: 183.80
In case of hitting Stop Loss confirmed profit: 21.55
infibeam (Rounding Bottom patterb0#INFIBEAM has formed #Roundingbottom pattern and now stock can hit 300-400 from in next 1-2 years there is strong support at level 150.
Will it continue its rally or take a breather @ ATH?Chart Pattern near ATH (All time High)
Three White Soldiers (with decreasing volume) = BEARISH
Wait to see what happens on Monday then initiate the trade
according to the movement. Stock is expected to be volatile.
INFIBEAM Lifetime ChannelINFIBEAM has been moving in a sharp up channel. Made lifetime highs in Nov and a big arc in 6 months, retesting the lifetime highs again. Awaiting a breakout or reversal.
