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AFFLE

AFFLE: Descending Triangle 📉😲 Okay, This one was requested by @sanketkumbhar88 : Here is all you need to know about NSE:AFFLE : - Affle has been in a volatile 400-point range since 2021 - Currently, It is forming a Descending Triangle formation taking exact rejections from the resistance trendline - We have a game zone to confuse investors - The 1000 psychological mark doesn't seem to impact the price much. That happens when a price is tested multiple times in a consolidation zone. - On a technical note, the Price will gain momentum only when the structure is broken. - Once the bullish break of the triangle is achieved, We may either see a good move up to the resistance zone (Post which the then price action will decide what's what) or we may continue with the sideways momentum unless the resistance zone is broken. - Liking the analysis? How about a Boost to help us reach many likeminded investors like you :) - On the other hand, If we see a bearish breakdown, The next immediate support is about 15% lower i.e the 730 - 760 price levels - The price is about to test the 200 EMA - RSI Divergence on Daily TF adds to the negatives - MACD recently made a bearish crossover, Another negative - Being an IT Sector company, Connecting it to the Nifty IT: It is a wait and watch game for now. What should we analyze next? Have Requests, Questions, or Suggestions? DM us or comment below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
NSE:AFFLE
by TheChartereds
3
Affle can become apple of investor's eyeAffle engages in the provision of mobile advertisement services. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. Affle powers unique and integrated consumer journeys for marketers to drive high ROI, measurable outcome-led advertising across global connected devices. Affle Ltd CMP is 1105.40. The Negative aspects of the company are High Valuation (P.E. = 59.90) and Promoter Holding decreasing. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, improving annual net profit and improving cash from operations annual. Entry after closing above 1143. Targets in the stock will be 1168, 1200 and 1238. Long term targets in the stock will be 1267, 1283, 1306 and 1338. Stop loss in the stock should be maintained at closing below 1000 or 1061. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:AFFLELong
by Happy_Candles_Investment
AFFLE, TREND ANALYSIS!the lines drawn are the trends, based on the market behaviors. some lines are short term ones, and chart patterns. i will make you go through it. the two black line and one dark black line, are the major trend, where the stock should be following, but since IT sector had gone week past year, and much FII selling had come through, the stock needs to come to its lower support area. the two dark red lines are drawn, that says the trend for the bear market and for the short term. the stock has supported it several times, trading in that zone. the stock is strong enough, to not break its support. whenever the market has gone bearish, those times the stock supported the red line(support). further, moving to the chart pattern, the blue lines are those. you could see a beautiful triangle formation, and the path for both sides is drawn. but i mostly think, the stock will be carried upward, since NIFTY has given its breakout, and many global situations have mostly factored in the indices. the green line, drawn is a good support for a breakout trading, that line has been touched many times, and this time it has a good change to break it out, without further giving a pullback or coming to the past range. the stock is at a good discount, if it breaks the chart pattern(drawn in blue), then i will be going short, otherwise, its a great to buy. trade with a stoploss. the stock is currently, about 25% at a discount.
NSE:AFFLELong
by raghavchoudhary2016
The Story of Affle can Baffle the investors into happinessAFFLE CMP: 1262.95 Affle (India) Ltd. is a technology company that delivers services related to consumer acquisitions, engagements and transactions through relevant mobile advertising. Its CMP is 1262.95. The negatives of Affle (India) Ltd. are that they have high valuations (P.E. = 69). The positive aspects are that they have improving net cash flow, Zero promoter pledge and low debt. Entry can be taken after closing over 1273. The targets will be 1336 and 1362. Long term target in the company will be 1382. If the stock dips averaging can also be done on bounce between 1157 and 1191 also. Stop Loss in the stock should be maintained at closing below 1075. Affle is a long term investment idea. There is a chance of Cup and Handle Breakout in the stock if the stock is able to cross 1382 level which will be an opportunity of immense wealth creation.
NSE:AFFLELong
by Happy_Candles_Investment
AFFLE INDIA CUP AND HANDLE TRADE 🎯40% NSE:AFFLE broke out of a cup and handle pattern and gave a retest. Price made a green candle and is back to breakout levels. Bullish signs: Strong uptrend before this consolidation. Recent support from 30 week EMA Heavy volumes on buy side. Red candles are of low volumes. Hit all time high on breakout. One can enter entire position at break of yesterday's high. Targets: 1500/1600/1900 Place sl below 1120 1:3 HRHRHP trade Position size accordingly. HAPPY TRADING!
NSE:AFFLELong
by PriceActionSpotter
Top AI stock is up for grab cmp 1346Happiest mind is one of the leading companies among AI stocks. Persistent, TATA elxsi and Affle are the other top performing AI Stocks. Zensar is also equally good. Happiest mind is consolidating for more than 3 months. Tested the support at 1350 for more than 10 times which is a clear indication of consolidation. Once the breakout happens one can enter for short-term trade but for a long-term investor who is looking to gain in Tripple digit this is the right time to grab. Affle is also recommended- Recent split share has made it available at rs 1100. Happeiest minds CMP 1346 Affle CMP - 1098 Target 4k in 12-15 months
NSE:HAPPSTMNDSLong
by mahemahe1313
1