Affleindia
SWING IDEA - AFFLE (INDIA) LTDAffle India , a global technology company specializing in mobile advertising, is showing technical patterns that suggest a potential swing trading opportunity.
Reasons are listed below :
Ascending Triangle Pattern : The stock is forming an ascending triangle pattern, a bullish continuation pattern that indicates increasing demand and the potential for an upward breakout.
Repeated Resistance Testing (1250-1300) : The 1250-1300 resistance zone has been tested multiple times. The stock is now poised to potentially break through this level, indicating strong bullish momentum.
Bullish Marubozu Candle : The recent formation of a bullish marubozu candle suggests strong buying pressure and the potential for further upward movement.
Trading Above 50 and 200 EMA : Affle India is trading above both the 50-day and 200-day exponential moving averages, indicating a strong uptrend and providing robust support levels.
Consistently Making Higher Highs : The stock is consistently making higher highs, indicating a sustained uptrend and ongoing bullish sentiment.
Target - 1500 // 1880
Stoploss - weekly close below 1050
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@visionary.growth.insights
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.
AFFLE INDIA- ShortAFFLE India : It has formed Double Top on the Monthly time frame. So the target is yet to be pending for Double Top. Also the Target of Double top will be the Buy area for this script.
Buy range should be around 1100 as Marked in Yellow Line.
Disc: Only for Learning Purpose and not a trading recommendation
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.
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.
Affle(india)Affle India announced that the company's wholly owned subsidiary, Affle International has entered into a definitive share purchase agreement to acquire 28.33% shares of Appnext for a consideration of USD 8.21 million including the contingent incremental consideration of USD 4.75 million, to be paid over a period of 18 months.
Earlier in June 2020, the Affle International had acquired 66.67% shares of Appnext.
AFFLE a Low Risk Investment Idea Friends, It gave a nice correction of almost 20% from D point as pattern triggered a strong sell. Very recently it took support exactly at 0.618 and to retest C&H BO (A obvious target). Now, it is a low risk investment as having a strong support between 1200-1150 for min price target 1500 & beyond. #MK
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!
#AFFLE(INDIA)LTD .... (NSE:AFFLE)on the chart pattern ,it is moving nicely towards its minor RESISTANCE of 1115 after taking support of 1020.
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Im waiting when price will break resistance line(1115) and will show good upward movement towards its ATH 1260 in the short term period. it might be nice SWING TRADE. Hope the chart moves nicely.
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So Im waiting breakout and pump.
This is article not financial advice, always do your own research.
best of luck
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