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Devyani | momentum stock | price recovery from support level
DEVYANI INTERNATIONAL LTD
Long
Devyani | momentum stock | price recovery from support level
By Indieconomic
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Updated
May 16, 2023
3
Apr 11, 2023
The stock recovered from support level in daily time frame and showing momentum for further upside. Price closed above ema 20 with good volume.
Target and Stop Loss marked in chart.
Thanks
-AJ
Disclaimer : The analysis published for educational purpose only.
Apr 12, 2023
Note
Apr 19, 2023
Note
book partial profit, re-enter as price closed above 200 ema.
Apr 25, 2023
Note
today's candle mitigated the fall of 4 days. Re- Enter level will above 200 ema.
May 2, 2023
Note
trading above 200 ema.
in min 15 min chart, gap up opening and higher low formation.
May 2, 2023
Note
closed above 200 ema
May 5, 2023
Note
target 1 of 18% achieved.
May 16, 2023
Trade closed manually
Rectangle
Support and Resistance
Volume
Indieconomic
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