Devlopment mumbai Bes Company Best penny Stock Fundamental very strong ROE. ROCE. Best 1 to 2 years Target 🎯🎯 450 To 550.
ARKADE trade ideas
Arkade Stock Analysis: Breakout from Consolidation ZoneArkade Stock Analysis: Breakout from Consolidation Zone
📈 Technical Overview:
Arkade stock has broken out of a prolonged consolidation phase, signaling renewed bullish momentum. The stock has been trading within a well-defined range for weeks and is now attempting to push beyond resistance.
Volume Analysis:
Relative Volume: 180% of the average, indicating strong buying interest.
Up/Down Volume Ratio: 3.7, reflecting dominant bullish activity.
Breakout Characteristics:
Strong price action confirmed by higher-than-average volumes.
The breakout appears clean, with no immediate overhead resistance, setting the stage for further gains.
Arkade developers Fibonacci analysis Target 220-230
Arkade Developers ke 4H timeframe chart par Fibonacci retracement ka analysis:
1. Current Price: ₹172.69
2. Key Resistance: ₹175-180 (0.786 Fib level)
Agar price is zone ko todta hai, to bullish breakout ki sambhavna hai.
3. Support Zone: ₹170 (0.618 Fib level)
Is level ke neeche girne par bearish momentum ho sakta hai.
4. Entry Strategy:
Confirmed breakout ₹175+ par entry.
Stop-loss: ₹170 ke neeche.
5. Target Zones:
Short-term: ₹180-190
Long-term: ₹210-230
Conclusion:
Agar price ₹175 ke upar breakout karta hai, to ₹210-230 tak ke targets achievable hain. Risk management ke liye stop-loss zaroor lagayein. Yeh idea positional trade ke liye perfect ho sakta hai.
