ROUTE trade ideas
Fibonacci levels 1.618 golden ratio Analysis 22.09.2021BUY 1876 TO 1949
TARGET 2542 TO 2658
Reason For Buying This Script :
In this script it is forming channel line & trend line in weekly time frame, Try to accumulate current levels.
And it also respecting the Fibonacci levels 1.618 golden ratio.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
Route MobileStock is making symmetrical triangle. Breakout done. Target of 2420. Timeframe: 45-60 days
Route ltd soon become BullishBeautiful Channel Pattern supposed to be at the best price as seen in Route ltd share ,so that it will become bullish opportunity.
Trendline supportRoute mobile is treading at trend line support. can buy at cmp for target of previous all time high in coming weeks.
Route Mobile 2500+ ?? Possible..Inverted head and shoulder pattern. Nifty IT gave a very good move on Friday. FNO everyone goes after, big guys can move this one. Their business is quite fantastic. Can come very quickly. Should touch 2500 very quickly!
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
route mobilehi in long term view the route mob weekly candles shows bullish momentum. The previous weekly high if break go for buy.
Route Mobile At Trend Line Support ⚡Stock is at support trend line and RSI support level. Can be bought near trend at 1840
⚡For safe entry, buy on upside trend confirmation above 1996
For Targets 2200/2400.
⚡Avoid if breaks trend and wait for next support levels
Route Mobile - A important support ?Route Mobile is trading on a very important support. Buy at support
Route Mobiles is there for another break out Route mobiles has 1 triangle break out and now it is out for another break out, wait for the triangular break out it may reach the resistance.
for swing trade.
Previous resistance acting as support || ROUTE MOBILEBefore the breakout, A cup and handle pattern is formed. and now the previous resistance is acting as support for the stock which can be seen from the green candle today. Can be bought at CMP for a target of 2150. SL will be 1900 on a closing basis. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.
Route - OpportunityWait for the trendline support.. Not a trade recommendation and it's only for learning purpose
Route mobile - Can it bounce?The stock has been consolidating for the last few weeks. Can it bounce back now?
Route Mobile retracing the breakout zoneRoute Mobile looks good for long if it sustains the current level
Route Mobile28-Jul-2021
Route Mobile is in flag pattern formation.
Buy 2170, SL 1980, TP 2450+ & more
Route Mobile - ShortHi Guys,
Welcome to Thenali Views,
Route Mobile Which was consistently performing was braked the trend Last line of Defense.
Trending Move Candle was getting Smaller and retracement Candles are getting bigger.
Script was moving in the Channel Pattern and script may break the market structure on forming Lower High and Lower Lows.
Script was closed below the CPR today and hence, the downside move may have significant move.
MACD on the Higher time frame was crossing over the signal line which represent the selling pressure.
Trend Line may act as support since the pattern which the script was moving is parallel channel.
Support: 1985 and 1631
Resistance: 2296
Trend Line : Support: 1844
Last line of Defense: 2010
Sell: 2015 ( Retest)
Target 1 - 1844
Target 2 - 1650
SL - 2071.25 ( Closes above in Daily Time Frame)
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade and also consult your financial advisor.
I am not a SEBI Registered Analyst and this analysis for the educational Purpose.
RouteRoute
Dont enter at current levels of 2047, we might see a down trend.
1st Target - 1872
2nd Target - 1719
We Would see a reversal at any of the above level and would be the right time to buy.
The above is not for F&O
Flag Pole Pattern in Route MobileRoute gave a clear breakout from 1950 levels with good volume. Now it is consolidating and making a flag pole pattern. Wait for breakout/breakdown.
