1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle. 2. As supporting indicator MACD is showing Seller Exhaustionwith decent bullish movement so far. 3. I know we are little late but one more concept call, Poisitve Order Block with FVG (Fair Value Gap) is also applied now for more bullish confirmation.
Approx Targets we can see in Chart as per previous resistances and +order block. Close this trade if Price move down and close below 420 on a weekly candle.
Thank You!
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Its Decent Monthly Closing for Avanti Feeds still above 5 EMA and SL Price too.
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If Avanti feeds breakout from Flag pattern price will likely reach T1.
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Breakout!!!! Let's see if it sustains Above 550Rs.