Latent View looks like it has bottomed out in the long term
A fundamentally very sound stock
Making a round bottom pattern
Had listed around 490 and touched 700 soon after and then fell
A round bottom can be completed in the coming few months and stock can reclaim 700 levels
Can use 390 as a stoploss
after getting rejected from an price zone of 410-416 for like four times,the stock has clearly given breakout with great volumes.
momentum for upside in this stock can be continued as per the trendline or market structure and situations
future achievable prices-550,600,650,700
stoploss can be kept below price of 380 on a daily or weekly close or asper risk...
Buy @ 400 - 420
Target @ 500 / 600
StopLoss @ 370
Latent View Analytics is a recent IPO stock.
After making the rounding bottom pattern stock is giving Breakout now.
Now the stoploss is 10% from the given buying range
1st 🎯 is 20%
2nd 🎯 is 40%
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
LATENTVIEW is being accumulated by institutions, I have already explained the Wyckoff Accumulation in my previous posts. You can refer my 63MOONS post to study in detail.
I have initiated my position @ 383. MY stoploss is 340
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial...
LATENTVIEW BO on weekly charts, good volumes. Another level to break is around ~547 so can be a good candidate for revival as scrip has been in a long weekly downtrend.
#Latentview
CMP : 468
Date : 24/11/23
An analytics service provider company with improving fundamentals.A zero promoter pledge company with almost nil debt. Revenue and profit increasing QoQ. Stock is now at its 52 week high with significant volumes. Technically looking good 30-50%, upward movement.. Stop loss at 420 - 440 levels.
Disclaimer : Post only for...
Weekly chart analysis of NSE:LATENTVIEW
A bullish pennant has been seen on weekly chart pattern. In technical analysis that usually forms after a strong price movement upward, followed by a brief consolidation period.
A double bottom is a bullish chart pattern observed in technical analysis. It usually occurs after a downtrend and signifies a potential...
Weekly 52-week high breakdown with good increasing volumes.
IT sector having good tail winds.
Provides good risk return.
Target Price 600
SL Price lower than 380 on Friday.
In the Weekly Chart of LATENTVIEW ,
we can see that; after range breakout, it has retested properly.
Enter at 420 with 416 as SL.
Expected momentum is shown in chart.
Latent view has achieved our target of 420 now it is testing that level, either we can add more quantities here or fresh entries can be made.
Entry in the range of 420-430
SL at 400
Target - 500, 520
or trail using 20/50 SMA.
![LATENTVIEW: LATENTVIEW BO [Weekly]](https://s3.tradingview.com/j/jzzJVyuA_mid.png "LATENTVIEW BO [Weekly]")
