Avalon Tech cmp 595 by Weekly Chart views since listed*Avalon Tech cmp 595 by Weekly Chart views since listed*
- 608 to 622 Resistance Zone Price band
- Weekly basis Support at 534 > 475 > 405 with Resistance at 622 > 683 > ATH 732.10
- *Bullish Rounding Bottom competed with the neckline at the Resistance Zone price band*
- *Price sustaining well above Falling Resistance Trendline supported by bullish momentum of increasing Volumes over the past few weeks*
Avalon
AVALON - Horizontal Range Breakout🔊 AVALON - Horizontal Range Breakout
⌛Duration - Short Term (2 month to 4 month)
📊📈 Trade Logic - Horizontal Range Breakout
CMP - ₹587
Time Frame - Weekly
🎯Target 1 : ₹650
🎯Target 2 : ₹700
🎯Target 3 : ₹750
🛑 Stop : ₹525
🏆 Risk/Reward Ratio (1: 2.3)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
AVALON - Ichimoku Breakout📈 Stock Name - Avalon Technologies Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 591.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Avalon Tech: is it Time to Buy this EMS player?NSE:AVALON is attempting to give a breakout and one can buy this counter with a stop loss at 470 for targets till 715. Post 715, that will become the stop loss and one can trail it accordingly. Company is an EMS player and boasts of a fundamentally strong business. EMS companies have low margins but the growth is being driven primarily by volume (demand).
AVALON TECHNOLOGIES LTDAvalon Technologies Limited is an electronic manufacturing services (EMS) company that is into PCB design and assembly, cable assembly and wire harnesses, sheet metal fabrication and machining, and end-to-end box build of electronic systems.
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
AVALON - Ichimoku BreakoutIchimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 545
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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