SUBEXLTD trade ideas
Buy Subex Ltd for Multibagger retunMy idea is for educational purpose.
Buy Subex @ 46.9 till 43.5 (SL-43.5 for short term) . Short term target 40-50%. Long term it can give multiple return.
SUBEX On Monthly ChartIf already invested, Stay Invested. Next immediate resistance around 60 and 73
If not all dips can be bought
Accumulate on dips. As long as its trading above 18 all good.
Chart Pattern heated the Price* Pattern look likes Morning Tea and made a big rounding bottom pattern and breakout happened with high volume in weekly chart . All technical evidence gives a bullish sign for this stock .
Kindly Let us Know if you have any questions .
SUBEXLTDWhen its losses were spiralling out of control, Bengaluru-based Subex decided to revamp operations to remain relevant in the digital world. Under CEO Vinod Kumar, it put the focus on IoT and security and has ushered in a new era of business support systems for telcos.
CEO Vinod Kumar with this company in all upside down
so management is positive for growth
So Start After flag pattern Breakout will enter is this stock with stoploss 23.7
This is for long term educational purpose not for investing idea
Breakout in SUBEXLTDDisclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Kindly consult with your financial or investment advisor before investing. Thank you !!
There is a fresh breakout generated in SUBEX on daily chart.
Next levels as below :-
First Resistance :- 50.00
Second Resistance :- 68.00
Third Resistance :- 82.00
Support Level :- 23.00
Thank You !!
Happy Trading !! Happy Investing !!!
subex ltd levels for study purposewhy can't we see 1278 in future if Subex is really a turn around story ?
