DEVYANI INTERNATIONAL --positional - march 2022
1. Stock seen bottom out around strong support area 144-145
2. trendline breakout candle seen on hourly chart
3. BUY ABOVE BREAKOUT CANDLE resistance level above 156
4. Potential upside 20-30% from current level
5. RSI, MACD bullish, volume seen increase
BUY DEVYANI INTERNATIONAL above 156
TARGET 1- 165
TARGET 2- 175-180
stop loss 140
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk
HAPPY TRADING. !!
1. Stock seen bottom out around strong support area 144-145
2. trendline breakout candle seen on hourly chart
3. BUY ABOVE BREAKOUT CANDLE resistance level above 156
4. Potential upside 20-30% from current level
5. RSI, MACD bullish, volume seen increase
BUY DEVYANI INTERNATIONAL above 156
TARGET 1- 165
TARGET 2- 175-180
stop loss 140
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk
HAPPY TRADING. !!
Note
Any gap down from now will be bonus profit from buy level ..short to mid term, !Note
good movement ispite market sharp fall today ..breakout 156Note
1st target 165 HIT today..makes high till now 169.. ! 03/03/2022Trade active
Note
after making high to 169 odd stock come to point of new support 156 which was resistance earlier..so if no gap down on monday same level bounce back may seen breaking bellow 155 level may seen previous demand zone 145-48.Note
DEVYANI 2nd TARGET 175 HT TODAY ...01/04/2022
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.