Avanti Feed further upmove

AVANTI FEEDSNSE

Description

⋅ Apr 22, 2018 3:57 AM

Avanti Feeds after long consolidation gave good up move. If price close above 2450 on weekly basis much more chances to continue uptrend till 2900.

Trendline BO
Falling Wedge BO (Weekly chart pattern)

Wait and watch till close above 2400 and 2450.

Learner view - not an idea to trade.

Trend Analysis Chart Patterns

Comments

AyushSinghba

⋅ Apr 22, 2018 5:28 AM

Nice steal.

LaddaGirish

⋅ Apr 22, 2018 12:07 PM

@AyushSinghba, Steal... not sure Sir but, after your comment. I have checked that you also posted a chart yesterday for same stock.

I have gone through your points and learn bit more (other indictors signals)

But on Stealing part - I have something to share,

Now days people are very fast and post charts for stocks which are trending and I am posting later that doesn't mean I am stealing.

For Avanti very common two patterns are visible -

1. Trendline BO
2. Falling Wedge one

and one more is on weekly pattern -

3. Flag - (which is not mentioned anywhere in your description)

I guess due to very common patterns you might thought I copied your idea.

Thank you.