360 One

• 27 June, 2024 Ruchit Thakur

360 One

360 One appears to be a strong long-term investment, as the stock has reached its all-time high and is rising.

Please analyze the 360 One daily chart and understand its structure. As shown in the chart, 360 One is a solid buy around the 850-870 range, and it has performed well thus far, with tremendous upside potential.

Please examine the 360 One daily chart. Following its breakout from the 850-870 zone, the stock is trading above horizontal resistance and continuing to rise. As indicated in the graph, 360 One is presently in high demand in the 870 price range. The predicted gain is 1070-1100, as illustrated in the chart below. 

• 360 One is an excellent long-term investment opportunity because it has shown a reasonable breakout around the 850-870 level and is currently on the rise.
• 360 One appears to be in a solid position on the chart, with potential for additional increase to 1070 and 1000.
• As of now, 850-870 is the best opportunity to acquire this company because the risk-to-reward ratio was ideal for a cash transaction.
• 360 According to the chart, one broke out of the ascending triangle pattern, with a goal range of 1070 to 1100.

Please refer to the 360 One daily chart for reference. The daily chart shows horizontal resistance and breakout, as well as demand in the 850-870 range, and the stock is increasing after taking into consideration the significant demand in that region.

Please take note of the horizontal resistance and its breach, which resulted in the stock establishing a new all-time high today, indicating an excellent opportunity to buy at the current market price. So far, the stock has followed the chart's upward trend, reaching 1070 and 1100, respectively, meeting the pattern's objective.

360 One came from the rising triangle, and the pattern's current goal ranges between 1070 and 1100. The ascending triangle is a chart pattern used for technical analysis. Price movements create a horizontal line at the swing highs and a rising trend line at the swing lows. The two lines form a triangle.

Investors may look for a long-term purchase opportunity in the 850-870 range and profit on any dips that occur as the stock is in high demand, perhaps leading to a recovery to the 1070 and 1100 levels, indicating a strong risk-reward ratio. Use every dip to buy this stock since it has a high upside potential, and every dip is an opportunity to invest.

Investors could buy the stock with cash over time and put a stop loss at 820 to accomplish price goals ranging from 1070 to 1100.

The 360 One daily chart shows both support and resistance. The spot chart illustrates each level.

Company Profile: 360 One Wam Limited, formerly IIFL Wealth Management Limited, is an India-based firm that primarily provides wealth and asset management services such as financial asset distribution, brokerage, lending, credit and investment solutions, and asset and portfolio management.

The wealth management category includes financial product distribution, advice, stock and debt broking, estate planning, and advisory services.

 

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