SUBEXLTD trade ideas
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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Keep an Eye - SUBEXLTD📊 Script: SUBEXLTD
📊 Nifty50 Stock: NO
📊 Sector: IT - Software
📊 Industry: Computers - Software
Key highlights: 💡⚡
📈MACD is giving crossover.
📈Script has taken support shown into chart and started moving upward.
📈Script is trading near upper band of Bollinger Bands (BB).
📈Volume is increasing along with the price.
📈Current RSI is around 63.
📈Keep an eye on Script, it may give breakout above 43.50 price.
⏱️ C.M.P 📑💰- 41.40
BUY ONLY ABOVE 43.50
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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In-Depth Analysis of SUBEXLTD (NSE: SUBEX)Technical Overview:
1. Breakout and Retest:
SUBEXLTD has recently undergone a significant technical development by breaking out from a falling trendline on the weekly chart. The subsequent retest of this trendline suggests that the breakout is being validated by market participants.
2. Hammer Candlestick at Support:
The appearance of a hammer candlestick at the falling trendline provides additional confirmation of potential reversal. The hammer is a bullish reversal pattern, and its occurrence at a significant support level adds strength to the technical setup.
Trade Execution Strategy:
Entry:
Consider entering a long position at the current market price (CMP) of 36.95. This entry point aligns with the breakout and retest scenario, indicating a potential shift in trend dynamics.
Stop Loss Placement:
Place a stop loss at 32. The stop loss is set to provide a reasonable buffer against short-term price fluctuations while also aligning with the technical support level.
Target Setting:
Set a target of 44. The target is determined based on the breakout scenario and the potential for a bullish trend continuation.
Risk Factors and Considerations:
1. Market Conditions:
Monitor broader market conditions and potential external factors that may impact the stock or overall market sentiment.
2. Confirmation of Trend Reversal:
While the breakout and retest are positive signals, always be vigilant for additional confirmations of a trend reversal, such as sustained buying volume and further bullish candlestick patterns.
3. Corporate Developments:
Stay informed about any corporate developments, announcements, or industry-specific news that could influence the stock.
4. Continuous Monitoring:
Regularly monitor the trade for any shifts in the technical setup or unforeseen market developments. Be prepared to adjust the strategy based on evolving conditions.
Conclusion:
SUBEXLTD presents a compelling technical setup with the breakout and retest scenario, along with the formation of a hammer candlestick. The trade is initiated with a comprehensive risk management strategy. Regular monitoring and adaptability are key to navigating dynamic market conditions.
SUBEX Long PositionalBuy SUBEX above 40.52
for the Target of 42.85-47.74-52.52-62.10
SL 27.99
Strategy : SBO + RSI < 60 + EMA above 20 & 50
Duration few weeks
#SUBEX weekly bullish Ascending triangleSubex forming bullish ascending triangle with Volume surge , after 1.5year sideway now its trying to breakout of the consolidation zone volume supporting its movement too, lets see if it continue its momentum or not
SUBEX on the day to touch its 52 week high! The following are the key points to consider!
1. Strong buying momentum!
2. Technicals are strong
3. near breakout with volume
4. bullish triangle formation!
Tip. strictly education-purpose content!
This is not a recommendation.
SubexltdStock name = Subex Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
SUBEX, 1DSubex has given good breakout on both long and short time frame.
Good base formation at 30-32 level. stock can move towards 39 and 40.
If it sustains can go further towards 50-60.
Volumes are building and something good can be announced soon.
Company has lot of sectors including AI, Blockchain, security, tele communiction.
One should visit company site to understand more about company dynamics
It is only for education purpose not a recommendation.
subex company announced availability of its fraud management solution on Google Cloud. This collaboration combines Subex's extensive fraud management expertise with the unparalleled scalability, reliability, security, advanced analytics, and robust partner ecosystem offered by Google Cloud. This joint venture will improve fraud prevention in the telecommunications industry
subex Ltd price action , range breakout and retestedsubex Ltd price action , range breakout and retested in monthly time frame
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 )
Subex ready for Rally?If today's closing candle is above 58 with good volumes, we can expect a good rally.
SUBEX @ 24th Nov 2021SUBEX: The pattern of Shark seems to be working and PRZ for this pattern is coming at 70.40 which is almost 15% return
SUBEX : CMP 55Stock is good above 48 can touch levels of 75-80...This stock in only suitable for Trading not for longterm investor..... TRADE with Strick Stoploss