Infobean bullish viewSoftware services company on the verge of breakout
Target: 735 / ATH and Beyond
INFOBEAN trade ideas
INFOBEANS TECH TARGET 529 STOP LOSS 368Script is taken monthly long term uptrend channel support and reversed in weekly also. First target is 529. If sustains above 529 it will go the second target of 866
Infobeans - Multi months breakout. Infobeans has be consolidating for several months, over a couple of years actually.
Stock has made a strong accumulation of 400-500 and, now, after about an year it is showing signs of strength to breakout from the zone with some strong volumes.
Once the stocks breaks it lower highs and lower lows pattern, it should show some good positive moves.
CMP: 499
Breakout/Buy point: 502
SL: 408
Target: 630
If stock happens to give a dip to 460 then it will an accumulation opportunity.
Remember: SLs are essentials.
Disclaimer: I'm not a registered analyst. I'm just sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
InfoBeans Technologies Ltd is Ready to fly in Blue skyHello everyone, i have brought a stock which has potential to grow more than 100% from current levels. Yes i am talking about Infobeans Technologies which is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3.
Stock has given bullish crossover
Volumes are supporting neckline breakout
price is above 200-DEMA
Market Cap
₹ 1,151 Cr.
Current Price
₹ 472
High / Low
₹ 555 / 362
Stock P/E
51.2
Book Value
₹ 122
Dividend Yield
0.21 %
ROCE
11.7 %
ROE
7.92 %
Face Value
₹ 10.0
Industry PE
31.8
Debt
₹ 24.5 Cr.
EPS
₹ 9.25
Promoter holding
74.2 %
Intrinsic Value
₹ 378
Pledged percentage
0.00 %
EVEBITDA
17.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
4.05 %
Sales growth 5Years
26.1 %
Return over 5years
48.6 %
Debt to equity
0.08
Net profit
₹ 22.5 Cr.
ROE 5Yr
16.5 %
Profit growth
-37.6 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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InfoBeans Technologies Ltd | INFOBEAN | Swing OpportunityInfoBeans Technologies: Potential Swing Trade for Long-Term Gains (6-8 Months)
InfoBeans Technologies Ltd. (NSE: INFOBEAN) appears to have broken out on the weekly timeframe, indicating a possible shift in momentum and increased investor interest. This could present a swing trading opportunity for those willing to hold for a 6-8 month timeframe.
Remember, this is a swing trade, requiring patience and long-term holding.
Disclaimer:
This is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. Consider factors like overall market conditions, risk tolerance, and investment goals before entering a trade.
Emphasize that you should conduct your own research then trade on your own risk.
Regards
InfoBeans Technologies LtdInfoBeans Technologies Ltd is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3.
Key Clientele
The company's clients include companies like American Express, Wework, amazon, Viatech, IQVIA, ALM Media, CoAdvantage and others.The company added 14 clients in FY21 compared to 28 clients in FY20. It caters to 16 Fortune 500 companies.
In FY21, USA accounted for ~94% of revenues, followed by Europe (3.3%) and Middle East (2.7%).
Its main offices are located in Indore, Bengaluru, Chennai and Pune in India.
Accordingly in those days IT sector in the crucial stage and facing like recession as well but I notice the Financial report of this company it shows amazing results and mukul agarwal took a big Stake currently in this company and promoters also having 75% stake.
DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.
BUY TODAY SELL TOMORROW for 5%DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades (high momentum stocks) 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 INFOBEAN
BUY TODAY SELL TOMORROW for 4%
INFOBEANCMP: 695
- Bounced from 200ema
- Breakout after some tightness
- We saw similar breakout in ABB on Monday.
Expecting Good Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders kep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
INFOBEANS TARGET 522INFOBEANS under bullish mode. Crossed below the resistance line. If it opens below 615 and sustain below 600 it will reach 522
A Good stock Breaking out and creating an all time highInfoBeans Technologies Ltd is primarily engaged in software development services, specializing in business application development for web and mobile and operates at Capability Maturity Model Integration
The company has reduced debt.
The company is almost debt-free.
The company is expected to give a good quarter
The company has delivered good profit growth of 35.69% CAGR over the last 5 years
The company's median sales growth is 15.17% in the last 10 years
Stock is trading at 8.43 times its book value
The tax rate seems low
TRADE ONLY ON YOUR DUEDILIGENCE
The price taking key support at EMA 21 since March-2020Long Term Positional View
The stock in continuation uptrend and respecting the EMA 21 since Mar'20
Watch for breakout of YELLOW TRENDLINE:
Target 1 Rs 750 Target 2 Rs 1130 with Stop Loss at Rs 480
Thanks
INFOBEANInfoBeans Technologies Ltd
CMP: 675
- Almost every time the stock has retested its breakout zone
- Bouncing from 100ema
- Ascending Triangle pattern breakout
⬇️
Box consolidation
⬇️
Breakout
⬇️
New ATH
Infobean_LongLooking good for Long Retest is done near 600 level & Retesting Fib Levels 0.5 & 0.382 levels.
May consolidate for about three weeksMay consolidate till 20th December and try to cross the descending resistance in the range 486 (in 3rd week of Dec 21) to 480 (in the last week of Feb22). Once it goes above 480 by Feb end and holds there, the break out can be expected.
INFOBEANS TECHNO LTD - Bearish CrabBreakout from the Triangle pattern.
Seems set to march towards reclaiming its All Time High.
INFOBEAN : BREAKOUTBuy@CMP
TARGET 1 - 440
TARGET 2 - 510
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
BUY INFOBEANS! RSI Breakout and ma also gonna cross.
It's a good opportunity to get it at a low cost and sell at a high!
INFOBEANS TECHNOLOGIES.WEEKLY LINE CHARTINFOBEANS TECHNOLOGIES.WEEKLY LINE CHART
STUDY AND INVEST ,not a buy recommendation
CHART LOOKS GOOD,
CURRENTLY STOCK PRICE respecting the trendline beautifully After a breakout from consolidation, .STUDY THE FUNDAMENTALS ,Watch concalls and investor presentation for more idea about future plans of the company.
Infobeans : Clear Up trend for Long Term Lot of money is coming into smart IT sector companies like infobeans who actually deal with automation, mobile application, artificial intelligence. As the market sentiments go with this kind of new technology its a right time to buy.
CHANNEL BREAKOUT WITH GOOD VOLUME & RETEST - GOOD FOR LONG Dear Friends,
The stock has come out the channel with closed with strong buy with good volume on weakly basis. Stock is good for long.
Disclaimer: This is for educational purposes. It's our own risk to take the order. Kindly do your own analysis or consult your financial advisor
INFOBEAM- A chance to earn huge.Look at this beauty , how wonderfully it has given a BO
We can enter keeping the Stop-Loss below the trend line and can expect at least 20-25%.
> Patience is the key
> Wait for the right entry.
>Enter only when the risk is low.
