ROUTE - Weekly AnalysisIn the Weekly Chart of ROUTE ,
we can see that, it might soon give a Inverted Head & Shoulder breakout if it breaks the trendline.
Enter of breaking the high of Pinbar with low as SL and Go Long.
0%
0%
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0.70%
56.10INR
3.271BINR
35.692BINR
62.621M
About ROUTE MOBILE LTD
Sector
Industry
CEO
Rajdip Kumar C. Gupta
Website
Headquarters
Mumbai
Employees
410
Founded
2004
ISIN
INE450U01017
Route Mobile Ltd. engages in the provision of cloud-communication platform services to enterprises, over-the-top players (OTT), and mobile network operators. Its enterprise communication services include application-to-peer, peer-to-application, 2Way Messaging, rich communication services, OTT business messaging, voice, email, and omni-channel communication.The firm operates through the following geographical segments: India, Dubai, United Kingdom, and Nigeria. The company was founded on May 14, 2004 and is headquartered in Mumbai, India.
Can Route follow uptrend route?Route is looking strong if it gives daily closing above 1400 for minimum targets of 1600.
Q4 results have bettered the estimates.
Also, stock has recently given bounce from strong support trendline.
Kindly trade as per your own analysis!
Route Mobile Cmp 1365 Bullish Candle @ ResistanceRoute Mobile Cmp 1365 dated 15-5-2023
1. Bullish Candle Made @ Resistance
2. Trendline BO @ 1370
3. RSO already done BO
Buy above 1380 for tgt 1400-1430-1495-1545-1599
SL 1320
It is just a view, please trade at your own risk.
#RouteMobile candidate for reversal #RouteMobile showing highest volume after July'21 and ready for breakout. Wait for close above 1350.
ROute hase formed a base in the range of 1070-1270 and now ready to move above this range with very good weekly volume.
Route Mobile also showing good quaterly results and now cheaper stock in this
Route Mobile - Base breakoutWith amazing results and a great guidance by the company.
I expect good things for the stock here.
It could break out of this amazing break above 1430.
The next targets i am tracking for at 1590-1850.
Stoploss below 1330
Swing trade opportunity in ROUTESwing trade opportunity in ROUTE.
Entry - 1240
Target - 1360
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
ROUTE MOBILE AT GOOD SUPPORT....ROUTE MOBILE
BUY : 1300-1301
TARGET : 1400
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
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