APEX
Weekly timeframe
i just shared my experience it is not an invite or recommendation to trade.
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DYSON
💥Apex Frozen Foods💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-262-266
Breakout Price-262
Stoploss-210
Targets-308-379
RT for max reach
#apexfrozenfood #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Stock name = Apex Frozen Foods.
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...
Sea food sector in focus after there are rumours of announcement regarding export policies related to frozen sea food. Keep eye on apex for a target of 300-350+ in short term.
Hello All,
I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits.
Sorry, I was banned by the moderators for not following the house rules ... But here I am back again :-)
If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only,...
Positional Trade Analysis,
The stock has just broke out in RSI 15 mins chat and it is trading within the channel. The Parabolic SAR is in incremental stage. The stock can also be considered for long term investment based on the price action within the range of 240 to 260. NSE:APEX
Apex Frozen Foods Ltd (Apex) is an integrated producer and exporter of processed shrimps based in Andhra Pradesh, South India. The company has a capacity of 29,240MT.
In Q3-FY23, Apex experienced a 1% year-on-year decline in revenue due to reduced demand in key export markets such as the US and EU, as well as a supply shortage of specific-size raw...
Crucial Support Broken
Short term view: Sell on Rally as it will take another quarter to reconstruct the price.
Long term view: Hold as: Discontinued operations at the leased facility (6,000 MTPA) and commenced operations at the new processing plant in G. Ragampeta(20,000 MTPA). The financial impact will be for short term due COVID-19.
FOR EDUCATIONAL PURPOSES. Apex Frozen Foods Ltd. is a producer and exporter of variants of processed litopenaeus vannamei and black tiger shrimp. It engages in the business of export of shrimp; and geographical segment exports its products to the United States of America. The company was founded on October 24, 1995 and is headquartered in Kakinada, India.
