fall/fly?above 1700 Company has delivered good profit growth of 22.8% CAGR over last 5 years Company's median sales growth is 27.1% of last 10 years company is expanding As on Mar 2024 FII holdings 34.80% DII holdings 23.99% Longby mightymunna2
Buy Aavas for a that for 3200Buy Aavas for a target of 3200 in 6 months time frame Stop loss of close below 1300 in weekly time frame Stock has bottomed out and looks good to be added to portfolio. Do your due analysis before entering a positionLongby muruganandam88170
AAVAS : Closed positionClosed position and booked a profit of about 2.34% on the invested capital. But I still do expect that there is a potential move of about 18% more, for the price to reach and react from the upper trendline of the parallel channel. But due to some macro-economic uncertainties I do have to rebalance my positions and hence this early booking. I'll consider a re-entry if price crashes back to the low of the parallel channel, after re-evaluating the macro and micro economic factors at the time. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.by Sniper-Traders1
Given 2 year old trendline breakout with volumeThe stock has made a double bottom on it's support and bounced well. It has broken 2 years old trendline with volume and now testing next resistance level. If it breaks and sustains 1625 level we can expect it to maintain the bullish momentum. This idea is for Educational Purpose only. This is not a BUY/SELL recommendation. Learn & Earn, Dr. Tanya KumarEditors' picksLongby tanya15118144180
AAVAS Technical Analysis - AAVAS has reacted from its demand zone - It is now up more than 10-15% now - If you are holding this then you can lock in some gains - If you are planning to enter then wait for a retracement Longby VKtradesimbalance1
AAVAS given breakout with volume & strong Closingbreakout with strong closing and volume rsi divergence adx rising & macd crossover done all parameters supporting Longby Marketik1
AAVAS Positional long looking good NSE: AAVAS is looking good for positional target of 1800-2075-2350 with SL 1380 (Must) This analysis is for Education purposes only. Not a buy of sell signal.Longby sachin.d.oakUpdated 114
AAVAS : Going LongFundamentals Pros: Solid Financials: Aavas Financiers boasts strong financials, reflecting its robust position in the home financing sector. Despite recent challenges, the company's fundamentals remain sound, as confirmed by thorough analysis. Resilient Mutual Fund Interest: Despite fluctuations in FII and DII holdings, aggressive buying from mutual funds underscores confidence in Aavas Financiers' long-term potential, despite short-term uncertainties. Experienced Management: The company benefits from a strong and experienced management team, which is crucial for navigating market fluctuations and driving sustainable growth. Resilience During COVID-19: Aavas Financiers demonstrated resilience during the COVID-19 pandemic, reflecting its ability to weather challenging economic conditions and maintain stability in its operations. Low NPA Levels: With a focus on mortgage-backed loans to middle and lower-income individuals, Aavas Financiers maintains low non-performing asset (NPA) levels, mitigating risks associated with loan defaults and enhancing investor confidence. Cons: Margin Pressure: The company experienced a reduction in profit margins due to factors such as increased borrowing costs and higher competition, leading to a slight fall in interest rates to retain customers and a slowdown in disbursements. However, this is viewed as a temporary phenomenon, with solid fundamentals underlying the business. Exorbitant Valuation Concerns: Aavas Financiers faced a crash in its stock price partly due to concerns over exorbitant valuation. However, the appointment of a new MD and CEO, Mr. Sachinder Bhinder, renowned for efficiency and leadership, signals a positive trajectory for the company. Technicals Took a position for about 2.5% of the net capital, targeting the channel high, for a potential move of about 24% on the invested capital. Will update further details underneath this post, if any. Longby Sniper-Traders7
Aavas 8 ka funda <3008 ka funda <300 1) Consolidating 2) Ready to breakout 3) Near resistance line Longby saurav09910
Aavas Financier Long ! Swing trading opportunity Aaava financier is looking good after downtrend stock has been consolidating in the same range form last few months. Stock has positively closed above 50-EMA and can give potential upside once it close above 200-EMA.Longby piyushr4014
Aavas Financiers at good buying levelROE :- 14.1 ROE 3 yr - 13.6 ROE 5 yr :- 13.2 Public Holding :- 11.4 PE :- Lowest ever since listed Profit :- Highest ever and continuously growing Reason for fall :- PE expanded unreasonably Both time correction and price correction has happenedLongby dheerajpatidar174437
Aavas Financier Short !On a daily time frame Aavas is looking weak after touching its important resistance line (marked in yellow) we have seen selling pressure. As in broader market we see profit booking which may lead to more correction in weak stock like Aavas it can further fall to its important support level (market in yellow) potential downside 9%.Shortby piyushr401113
AAVAS FINANCEThe stock is following a trend as falling wedge. The following scenarios can be seen: 1. If the stock price is continued to follow the current trend on weekly TF, 1300/1200 may come easily. 2. If the stock price breaks the falling wedge and gives closing above TL on weekly TF, a descent gain of 20-40% i.e. 2200-2600. This can be supported by rising volume and increasing RSI. 3. The probabilities of upward movement are more prone as per current bull run. Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.Longby TodaRamBijaraniyaUpdated 16
Aavaas financier is forming handle of cupAavaas fianancier just tried to cross 200 SMA and forming handle of cup so it may give good return in near future Disclaimer:- I am still learningLongby Pankaj_Learner0
Harmonic Patterns on Aavas Financiers LtdIn this article, we will examine the current chart of Aavas Financiers Ltd. (NSE:AAVAS) and explore two prominent harmonic patterns: the Bat pattern on the weekly chart and the Black Swan pattern on the daily chart. Additionally, we will analyze the Relative Strength Index (RSI) on both timeframes to gain further insights into the potential market direction and strength. Weekly Chart - Bat Pattern: The weekly chart of Aavas Financiers exhibits a Bat pattern, a popular harmonic pattern used by traders to identify potential reversal zones. The Bat pattern consists of specific Fibonacci retracement and extension levels. Let's review the key aspects of this pattern: Entry: Traders looking to engage with the Bat pattern may consider entering at 1381. Targets: The first target level for this pattern is set at 1601, followed by a secondary target at 1820. These levels are derived from Fibonacci extension ratios and provide potential areas where price may reverse. Stop Loss: To manage risk effectively, it is recommended to set the stop-loss level at 1162. This level acts as a safeguard against adverse price movements. Daily Chart - Black Swan Pattern: On the daily chart, we observe the emergence of a Black Swan pattern, another significant harmonic pattern known for its predictive value. The Black Swan pattern provides potential reversal zones similar to other harmonic patterns. Let's explore the key levels for this pattern: Entry: Traders interested in the Black Swan pattern might consider entering at 1380. Targets: The first target level is identified at 1525, while the second target level is set at 1669. These targets, derived from Fibonacci extension ratios, represent potential areas where price may reverse or encounter resistance. Stop Loss: To manage risk associated with the Black Swan pattern, it is advisable to set the stop-loss level at 1235. Relative Strength Index (RSI) Analysis: The RSI is a widely-used oscillator that measures the strength and momentum of price movements. It oscillates between 0 and 100, with readings above 70 indicating overbought conditions and readings below 30 suggesting oversold conditions. Let's assess the RSI readings for Aavas Financiers: Weekly RSI: The RSI on the weekly chart currently stands at 33.8. This reading suggests a moderate bearish momentum and indicates the potential for further downside movement. Daily RSI: On the daily chart, the RSI is around 32, also indicating a bearish sentiment and potential weakness in the short term. Conclusion: The analysis of Aavas Financiers' chart based on harmonic patterns and RSI readings reveals interesting insights for traders and investors. The Bat pattern on the weekly chart and the Black Swan pattern on the daily chart present potential opportunities for traders to consider. However, it is important to remember that harmonic patterns are not foolproof and should be used in conjunction with other technical indicators and risk management strategies. Moreover, the RSI readings on both timeframes suggest a bearish sentiment, further supporting the potential for downside movement in the near term. Traders are advised to perform thorough research, assess market conditions, and seek professional guidance before making any investment decisions. Disclaimer: This article is for informational purposes only and should not be considered as financial advice. Trading in the financial markets involves risks, and it is important to perform due diligence and consult with professionals before making any investment decisions.Longby yaashulUpdated 226
W pattern in AAVAS - 100% potentialAAVAS is currently trading below 200 MA despite having highest ever numbers in revenue and profit. CMP is at a support line where a W pattern was formed Mar-Jul 2020. Similar kind of pattern is being observed now. Current PE is 25 and median PE is 55 which indicates 100% upside potential once interest rate gets cut, which will lead to increase core business for the company. T1 - 1800 T2 - 2038 T3 - 3000 ( Which may take 1-2 years if company continues to perform better )Longby Manabala0
Long bet in AVAAS FINANCIERS.>>Avaas Financiers Ltd is a major company that offers home loans. They operate in several states in India, including Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chhattisgarh, Punjab, Uttarakhand, Himachal Pradesh, Delhi, Odisha, and Karnataka. They have a widespread presence with a total of 346 branches. >>This company primarily focuses on providing home loans to people in the low and middle-income groups. What's noteworthy is that Avaas Financiers Ltd has been actively working to increase its sales numbers and profits. This performance makes their stock look promising for potential investors. >>In terms of its future, Avaas Financiers Ltd looks promising because it operates in a specialized niche within the home loan industry. The company intends to expand by opening 30-35 branches annually and entering two more states over the next 3 to 5 years. This strategy is expected to provide sustainable growth. >>Now, if we look at its chart, especially on a weekly timeframe, we will find that the stock has corrected 50% from its peak. After correcting, the stock is accumulating in an ascending triangle pattern. If it is able to break out of this pattern, we could consider entering the trade, as it has all the possibilities to provide decent growth in the long run. Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section. Note: This is for informational purposes only. Do your own research before investing.Longby BullishLine5
aavas financiers bullish viewbought aavas finaciers at 1690 with stop loss of 1680 achieved target of 1752.Longby banothakhil0
AAVASENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.Longby samnidUpdated 3
Aavas can be bought for the TG1: 1794; TG2: 2015; SL:Dly cl<1617With today's and yesterday's close > weekly Supply Zone 1610.75 to 1635.7, it is safe to invest for TG1: 1794; TG2: 2015; SL:Daily close<1617. Price has sustained above the upper trend line of the Wolf Eye pattern. On the daily chart, After making 5 impulsive waves upwards, price went side ways making ABC correction and today confirmed the weekly breakout with 2 daily closes above 1635.7.by sameerthatte1
Bullish for 1 year 65 % gain Bullish for 1 year 65 % gain Long term bullish Time 1 year Good business. Better opportunity. Longby mbthapa_3
long view in aavas financiersit's forming a cup and handle pattern. once it crosses 1670 then an upside of 20% can be seen. i am not sebi registered .this is just for education purposeLongby Rimizuluu3