Apex Frozen FoodApex Frozen Food make a Beautiful chart pattern named "Descending Tringle" & also going to breakin this soon & we can see good upmove
KEEP ON RADAR
Apexfrozen
Apex Frozen food Stock looking good at current price
Based on harmonic and Elliot
Also volume is increasing. These are some basic technical point.
PM MODI SAYS INDIA IS FOCUSING ON INCREASING ITS SHARE IN THE GLOBAL SEAFOOD MARKET
This news is helpful for this company.
Apex Frozen Foods Ltd - 31.12.2021Apex Frozen Foods Ltd - 31.12.2021
The stock is trading @ 298 levels
The prices are above ema
There is a resistance zone @ 305 levels
watch out for the price action
breakout expected ???
APEX FROZEN FOODSAPEX FROZEN FOODS :
1) Trading in a channel pattern.
2) can enter once it bounces at channel bottom.
3) The expected breakout is upper side
4) Targets & Stoploss levels are mentioned in chart.
APEX FROZEN FOODS Daily Chart Analysis 02.12.2021APEX FROZEN FOODS as per daily chart analysis after fall through the down trend channel today the stock has finally broken the channel and once the stock crosses above 305 level then target 320 is achievable.
Good short term upside can be seen!Apex Frozen is just Rs. 13/- away from its important resistance i.e., Rs. 290/-. Once it is crossed, it going to give a sharp rise upto T1 340-350/-, T2 390-400/- with SL 230/-. Some of the major positives/ negatives from Fundamentally stand points are :
1. OM are getting better like pre-covid levels;
2. Sales are improving;
3. Borrowings are almost doubled in last 2-3 FYs; and
4. Inventories and Trade Receivables are all time high.
Apex FrozenApex frozen after breakout from resistance level , have retested those levels and given bounce.
Support 318 strict.
target 436.
PS: Please consult financial advisor before investing.
Apex Frozen Foods waiting for Triple Confirmation to go LongReasons to Go long after Breakout
1. Resistance break
2.Trendline Break
3.Cup Handle pattern (Bullish)
4. Raising volumes
->> Good to Go long if Price closes above 290 levels( Only with Good confirmation )
->> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.
APEX FROZEN FOODS - Bilateral Situation.Looks like its going to break the Ascending triangle as it tried before between 19-27 Aug but was rejected and pulled back proving to be a false breakout signal. It showed some strength again on 14-15 sep but again rejected. Now looking at the BIGGER picture (Symetrical Triangle) seems like heading towards a Bilateral situation , means either up or down. I n my opinion we should give it one more weak to see the intentional direction.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
APEX FROZEN LONG 20%++++ UPSIDEAccumulate Apex at buying zone and add few at cmp...in a month we expect result for 20%.
