Subex is creating a triangle pattern breakout, Once breakout with volume, we may see a huge spurt in the price action. It has shown great resilience in the current fall and is holding on the price strongly. Looks like Some good news is around the corner We may see targets of 45 , 52 and 62 respectively on weekly timeframe. Watch out
Subex has broken out of channel on weekly post deal with Jio. Next target is 69. Good volumes even on weekly. The multi year Cup and Handle seems to have completed its formation. If 74 level is broken and it sustains, then stock may skyrocket to 690 levels in coming months
Looking again good on weekly time frame. Weekly RSI > 60, ADX >25, showing strong relative strength.
it need to break out above the channel for a furious upmove towards 95-110 level. invalid below 35. though it is also linked to its revenue generation capacity.
strong support at 35, below that can slip to 26-27 or even 23. upward move confirmation only above 43, targets 49-55.
this was overbought in until Jul 2021 and since then it has been cooling down itself. Don't rush to buy. let it settle down and spend some time in oversold zone.
NSE:SUBEXLTD SUBEX LTD again testing the support level. so week we can expect a breakout in this lelel. It may go up to the target of 56 to 60 in 3 to 5 weeks.
Subex looks set for breakout after 18 weeks of consolidation. Crossing the levels of 57-59 is important. Can go up to 62, 66 and 74. Always keep a strict stop loss of 5%-8% depending on one's risk profile if the trade fails
support at 51, major support at 41.2, break out level is 62. target 1 82 target 2 107
#SUBEX; Go Long above 59 . SL 51/50 Targets: 68/74/100
pattern resitance line break may give upmove as per levels, as all indicators too positive currentaly. but it move a lot from bottom so little risky too. market always risky. confirm ur end its fundamental technical before action. posted as to learn market price movemnet technical data analysis only. i am not expert. risk is ur .decission is ur.
NSE:SUBEXLTD *Not a financial advise just a prediction not responsible for loss. SUBEX.Ltd giving a triangle breakout followed by a sideways channel soon to give a breakout.
This is a breakout of head and shoulder pattern. The next target should be 70+ soon.
LEVELS 29-11-2021 NIFTY RES- 1. 36000 16960 2.36200 17090 SUP-1.35700 16785 2.35400 16700 3.35180 This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also...
Market Cap ₹ 3,066 Cr. Current Price ₹ 54.4 High / Low ₹ 74.4 / 17.8 Stock P/E 72.0 Book Value ₹ 9.88 Dividend Yield 1.38 % ROCE 15.5 % ROE 9.18 % Face Value ₹ 5.00
above 53.85 destined to touch 61.7. new yearly high only above 62 closing