Subex weekly INHS pattern Subex good volume n candle seen with invers head n shoulder pattern holding level 47 then 74 n 98 possible
SUBEXLTD trade ideas
SUBEXLTD - Rounding bottom breakoutSUBEXLTD has been in downtrend since 2.5 years.
It has faced resistance multiple times around 38-39 levels zone.
Today it has given strong closing around 39 with good price action and strong volumes. It is good weekly closing as well.
Looks like stock is turning to new up trend.
Immediate target is coming to 50+, post which we may see new ATH as well.
SL: Daily candle close below 38.
SUBEXLTD | Swing Trade📊 Details
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BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades 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 SUBEXLTD
BUY TODAY SELL TOMORROW for 5%
SUBEX - BreakoutSUBEX is showing signs of a good breakout with upto 40% upmove chance.
Entry - Above 34
Target - 38/46
Keep SL based on own risk potential.
Study the stock & Trade responsibly.
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Subex is getting readySubex 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
Long setup in subexhello guys!
subex has started a fresh move after a consolidation. so, my strategy is to enter here for first target of 42 then 48 rs which is a recent high.
sl will be 32 rs
my qty will be 1250 or 40k investment.
hope you enjoy my analysis.
i will post video also in short while.
NSE:SUBEXLTD
Subex Weekly BO and Cup and HandleSubex 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
SUBEX has bottomed outI have reason to believe that the stock completed the ABC correction at 78.6% retracement and 127.2% fib.extension...........bullish pinbar candle confirms buying interest
SubexCorrected from 74 to below 19.
Is there a case for investment...
Trendline drawn is very crucial..
like to get at lower levels marked....
Don't expect any rally.
Trade the levels...
Churn your money....
SUBEX Long consolidation |Cyber Security | Future Multibagger ??NSE:SUBEXLTD
CMP : 51.90
Short Term Target of 73
View invalid below 47
#Study
