DEVYANI--- POSITIONAL BUY
Updated
DEVYANI , stock pick as positional buy due to technical bullish indication on Hourly chart.!! one can have buy position at cmp 171-172 for short term target 185-190 ( 8-10 days ) around 10-20% profit margin .!!
BULLISH TECHNICAL INDICATORS.
>> STOCK has at trend line support,as well as at 200 SMA support on hourly chart,
>> Stock has bullish breakout at trend-line
>> trend-reversal signal seen on chart MA ADX turn green.
BUY DEVYANI International @171.80
TARGET 185-190
Stop Loss 160
*** PLEASE Do own study and analysis ..hope this idea will help your anlysis. !! take call at own risk.!!
WISH YOU HAPPY TRADING !!
BULLISH TECHNICAL INDICATORS.
>> STOCK has at trend line support,as well as at 200 SMA support on hourly chart,
>> Stock has bullish breakout at trend-line
>> trend-reversal signal seen on chart MA ADX turn green.
BUY DEVYANI International @171.80
TARGET 185-190
Stop Loss 160
*** PLEASE Do own study and analysis ..hope this idea will help your anlysis. !! take call at own risk.!!
WISH YOU HAPPY TRADING !!
Note
one more positive indication found at closing, bullish doji candle formation on daily chart...which indicate possible trend reversal after correction. !Note
DEVYANI strong support 163-165 level from this level bounce back expected .!!Note
WISH ALL ..HAPPY NEW YEAR !! 2022Note
DEVYANI consolidating at trendline ..bottom is made at 163-165 now up movement will start. !Note
DEVYANI RUNNING UP with bullish momentum 177.50 today. --05/01/2022Note
Devyani International 4% up today at 181.50 . - 07/01/2022Note
1st TARGET 185- HIT...Devyani International. !!Trade active
Note
2nd TARGET HIT - 190 DEVYANI INTERNATIONAL ..! FINAL PROFIT BOOK. !Note
HAPPY TRADING. !!
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