Stock in consolidation zone: Devyani International
Devyani International has been trading in a box pattern since Oct 2024.
It has strong support around 161 levels.
Currently it is in strong consolidation around 172 levels.
Current market turmoil has negligible impact on the stock price.
However, a volume spurt has to happen for significant momentum toward upside levels.
Resistance levels: 180, 194, 223,
It has strong support around 161 levels.
Currently it is in strong consolidation around 172 levels.
Current market turmoil has negligible impact on the stock price.
However, a volume spurt has to happen for significant momentum toward upside levels.
Resistance levels: 180, 194, 223,
Trade active
Devyani International is trying to break the box pattern.
If volume support is significant we can expect a good move in upside.
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.
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.