Infibeam is in pure strength and break it's 52wk high. Enter with a small stop loss and accumulate till 15-16 price.
INFIBEAM 17.75 TARGET 26 SL 13 Return 47% RR > 2 TF < 6 Months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout...
Greetings Folks, today I have prepared a setup of INFIBEAM on NSE the analysis is as follows- - the price was in uptrend till now - broke down a dynamic support but hold onto the support zone as mentioned - now, if the price sustains to hold on this zone, the price may go as depicted, if not then trading will be cancelled don't play with fire, always use a...
Greetings Folks, today i have prepared a setup of INFIBEAM on NSE the analysis is as follows - price is in a good bullish rally - dont root for deep retracements, join the herd early as possible -we will not change our bias before the market shows some bearish structure dont play with fire, always use a predefined stoploss
infibeam in descending triangle & H/S pattern wait for breakout/down
Earnings tomorrow after market close, likely to be heavily negative. I intend to enter the trade late towards the market close to minimize theta. A major risk here is the theta since the lot size is massive.