ONMOBILE trade ideas
Onmobile Rising from Support#ONMOBILE currently displays an upward trend, having recently breached its support level.
The stock's movement indicates a potential short-term opportunity for traders seeking momentum plays.
With the recent rise above support, there's a possibility of a bullish trend continuation in the near future.
Technical indicators and price action suggest a favorable outlook for short-term gains.
Traders may consider assessing entry points and risk management strategies for potential profitable positions in ONMOBILE.
Momentum GameIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Exit from the trade when current day closes below previous day low.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : On result day trail your SL at 15Min Time Frame
Onmobile Global Ltd.*Onmoble Global Ltd.*
C&H Formation on Decadal basis.
Vol. Consolidation. Continued BuiltUp
Price BreakOut > 138 Needed. Once Crossed & Sustained, then Good to Go!!!
Resistance @ 138 / 141 / 155 /164 /176 / 198
*_Level of 176 To be Watched: Multiple times Retracement for 176_*
RSI: 1H > D < W > M
*Trail SL with Upside*
Book Profit as per Risk Appetite*
Do Your Own Research as well. This is an Opinion.
Happy Investing :)
ONMOBILE - Short term opportunity with 50% ROI All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
MULTI YEAR BREAKOUT, BIG TARGETNSE:ONMOBILE
Stock is consolidating below 160 from last 11 years.
if it breakout above 165 in WEEKLY TIMEFRAME ,
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then ENTRY can be taken at 172 for a big target of 300 ,
CHART PATTERN - LONG CONSOLIDATION , ROUNDING BOTTOM , MULTI YEAR BREAKOUT
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this is not a trading advice, only for an educational purpose.
Onmobile - LongOnmobile CMP - 117.10
Breakout and looking bullish in higher time frame. One can go for Short / Long Term Trade Setup with the following entry, exit & targets.
Buy Range 115 - 120 ONLY / Stop Loss 87
Target 1 - 130
Target 2 - 140
Target 3 - 150
Disclaimer: This is my view and for educational purpose only.