Beautiful triangle pattern formed on Avantifeed on weekly timeframe with multiple support and resistance tested. On the weekly breakout candle there were some selling during end of the week so signifies some profit booking and sell pressure. However for the last two months it has been consolidating forming a Flag pattern on daily chart. Price is currently trading...
AVANTIFEED 556
TGT 800+
SL 470
Return > 45%
Risk < 15%
RR ~3
Timeframe <8M
NSE:AVANTIFEED
Buy Recommended
Can hold for long term
Shared with 💚
By Rachit Sethia
NSE:AVANTIFEED
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
The stock has broken triangle pattern on upside and simultaneously broken inverted Head & shoulder pattern with 10x volumes. Buy at 496 for a target of 631/871. Use a 1:3 risk reward
Avanti Feeds is breaking a symmetrical triangle pattern with long term perspective with minimum 1:3 risk and reward ratio, it becomes a good opportunity for investors.
Avanti has started its commercial operations in 1993 under the able leadership of Late Sri Alluri Venkateswara Rao in technical collaboration with Pingtai Enterpries, Taiwan. Later his son Sri Alluri Indra Kumar expanded the capacity and enhanced technical and marketing capabilities by bringing on board Thai Union Frozen Products PCL., Thailand, the world's...
💥Avanti Feeds💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-525-535
Breakout Price-511
Stoploss-462
Targets-676-710-929
RT for max reach
#avantifeeds #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Stock name = Avanti Feeds 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...
it crosses 401.55
entry price: 401.60
stop loss: 388.70 (3.21% risk involved)
target: 427.30 ( reward of 6.40% with 3.21% risk)
buy this stock only one can handle risk of 3.21%
this is my stock idea and i am entering in it with 3.21% risk, if one cannot handle 3.21% risk please do not enter into it.
I am not SEBI registered individual , please do your own...
As my analysis, BSE:AVANTI has been given a strong breakout and sustained above level of 412.
Best level to take positional entry could be 413 with stop loss of 386 (-26 points risk). My expected upside target would be 470 (+57). This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
