Subex Weekly Price ChannelSubex is trading in the price range of 27-43 from many weeks...
Weekly price channel still suggest around 45 to 46 levels need to be taken out with huge volumes / weekly close...
Seems bullish..
Try to accumulate on dips near the levels mentioned...
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#Happy Trading..
SUBEXLTD
#TATACOMM #RCOM #MTNL #JIOINFOCOMM #BHARTIARTL #TTML #IDEA #BSNLNSE: TATACOMM
CMP 1125
Target 1222 // 1313 ~16%
Stop Loss 1049 trail
RR ~ 2.5
TF < 3M
NSE:TATACOMM
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.
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With 💚 from Rachit Sethia
SUBEX/INR Bull Flag So 1000% Potential From here ( NSE Stock )#Stock #NSE
#SUBEX/INR Bull Flag Analysis:-
Perfect Entry:- ₹35-₹40
Targets:- ₹63/₹95/₹336/₹730
Stop Loss :- ₹30
Reason to Buy:-
As Per HTF chart ( Daily / Weekly / Monthly) Strong Bull Flag Forming.
Bull Flag breakout not confirmed But We can buy around Channel support zone.
Breakout Point :- ₹56
1D Chart :- Bull Flag
1W Chart :- Bull Flag
2W Chart :-Bullish Engulfing +Bull Flag
As per Bull flag :- If breakout Confirmed then Bull Flag Target is ₹150 ( 172% After Breakout) and ( 270% from current Level )
Long Term Target:- ₹730
Strong Support:- ₹30 ( Exit Below ₹30 )