INFIBEAM Infibeam is in pure strength and break it's 52wk high. Enter with a small stop loss and accumulate till 15-16 price.
INFIBEAM
£INFIBEAM 17 TGT 26 47% Buy Recommended - Rachit SethiaINFIBEAM 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 Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#INFIBEAM LONG TRADE IDEA SETUPGreetings 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 predefined stoploss
#INFIBEAM LONG TRADE IDEA SETUPGreetings 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 infibeam in descending triangle & H/S pattern wait for breakout/down
INFIBEAM - Intraday Earnings Long StraddleEarnings 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.
