Current image: Decoding Charts posting twice a week

Decoding Charts

 It’s about interpreting the underlying market structure and recognizing the behaviour of price through volume, momentum, and time. 

The purpose of posting blogs under the “Decoding charts” category is to help traders understand when to take the right decision based on the right combination of technicalfundamentaland quantitative analysis.

Affle 3I Ltd

Nifty 500

Nifty Smallcap 250

Basic Industry: Internet Software & Services

Quarterly Revenue and Quarterly Net Profit are Positive

Institutional Holdings Increased

Entry around: 1969

Target 1: 2025

Target 2: 2078

 

Probability check on Nifty 50

Please exit 80% of your position in the first target and balance in the next target. Before trading with real money, consider practicing paper trading. We hope our blog will help you to kick-start the paper trading with a clear understanding of the importance of placing stop losses and position sizing.

Whether you are a beginner or a seasoned trader, StatStock is here to support your growthenhance your strategy, and help you build wealth — one calculated trade at a time.