AFFLE AFFLE - Retesting the previous breakout zone.
Maintain strict SL of 50 ema ( Hourly closing basis)
Expecting all time highs here, with minimum 3 months holdings.
AFFLE trade ideas
Affle (India) Ltd.*Affle (India) Ltd.*
Cup & Handle Formation - Weekly Formation
Price Break-Out / Volume Break-Out.
However, *Retracement Can Happen* Up To 1200 / 1143 /1121 /1102
As Post Price Break-Out Price Retreated by 286 Points.
If Happens then &Wait for Price Stabilisation & Upward Movement Indicators*
*Fundamentally Strong Company*:
Increasing Top-Line / Profitability /
Low Leverage / Strong TNW (Low Equity Base)
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
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...AFFLE... (Daily)
Taking Support Over Trendline...
Retest & Bounce from Previous All Time High...
By Above... 1325
Stop Loss...1242
Target...1420 , 1480
Affle BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
BUY : AFFLE : TARGET : 1260BUY : AFFLE
CMP : 1084.95
TARGET : 1200 - 1260 - 1350
SL : 950
Timeframe : 3 Month
Affle India - 30%+ / 4 Months Possible Forming Cup and Handle Pattern Breakout , Net Profit All time High , Good to go stock for next 3-4 months.
Affle Cup and Handle Formation. Recommended in our special Group in August Affle has already given returns of close to 60% Split adjusted. Right now it has given a Cup and handle BO and after some consolidation can go long. Looks a pretty solid long term stock.
Affle India LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
AFFLE Ind need to wait till it touches 1047AFFLE india is currently consolidating sideways, need to wait till it touches 1047 and bounces back.
Affle India LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
AFFLE CUP AND HANDLEIts for educational purpose, one can take trade once affle crosses 1257 and complete the handle of the cup and SL is to be kept is 1000.
Affle IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide Everyday
For more Company Chart and Informational Analysis Please Visit: www.tradingview.com
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research | @profitsolutions
Sun Storm Investment | www.sunstorminvestment.tk | @sunstorminvestment
NexGen | www.nexfinserve.com | @nexfinserve | info@nexfinserve.com
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Affle India LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
AFFLE is in Bullish Cup and HandleAFFLE is in Bullish Cup and Handle
Bag it around 1110 to 1115 if it it comes
Sit back and relax for next few months.
#AFFLE(INDIA)LTD .... (NSE:AFFLE)on the chart pattern ,it is moving nicely towards its minor RESISTANCE of 1115 after taking support of 1020.
.
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.
.
So Im waiting breakout and pump.
This is article not financial advice, always do your own research.
best of luck
Possible breakout above 1255NSE:AFFLE
Buy above 1255 if daily candle give a close
Watch volume of breakout
Affle LongRSI : Monthly and Weekly Above 60 ; Positive Reversal Pattern on RSI
Relative Outperformance to Broader Market.
Retest of Descending Trendline Support
Stop Loss Trigger: 4670
Trail With SuperTrend on Daily or 4hour as per risk Tolerance.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Risk Disclosure
DISCLAIMER: Futures , stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures , stocks and options may fluctuate, and, as a result, clients may lose more than their original investment. The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains.
If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks and financial resources you use and for the chosen trading system. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor.
All trading strategies are used at your own risk.
Affle India LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
