Avanti Feeds Showing Strength.NSE:AVANTIFEED today Crossed above Major Key Levels and Respecting 200 DEMA in this Weak Market and Currently Closed above 10 DSMA with Huge Volumes and RSI and MACD Showing Strength.
A move up to R1 and ATH Looks Possible Positionally until S1 and 200 DEMA is Protected.
NSE:AVANTIFEED manufactures and sells shrimp feed, and exports processed shrimp also it is the largest producer of shrimp feed in India with a market share of ~45% in the domestic feed business.
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AVANTIFEED
Avanti Feeds NSE (Mid to Long Term)Date- 15 March 2024
Time - 10 Am
Points to be Noted-
1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle.
2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far.
3. I know we are little late but one more concept call, Poisitve Order Block with FVG (Fair Value Gap) is also applied now for more bullish confirmation.
Approx Targets we can see in Chart as per previous resistances and +order block.
Close this trade if Price move down and close below 420 on a weekly candle.
Thank You!
AVANTI FEED Swing Long Setup - Avanti Feed is currently trading at 684
- Avanti feed recently made a high where we saw it moving up impulsively and it continued to rally for weeks
- Post the rally we saw prices taking healthy retracements and it's trying to form a small base now
- If you look at this small range a lot of scalpers might have got trapped with the wick shown as Sell Side Liquidity or if you look at the basic support which a lot of retailers consider
- Before looking for swings and positional plays make sure that you wait for the base to mature first and then take entries as of now try to learn and understand the price delivery
- I will post another update once I see this ready for an upside if it does before that I will scout another stock, till then trade safe manage risk and stay tuned
AVANTI FEEDS - A Hidden Multibagger!Overview & Observation:
1. Trendline break.
2. Change in price structure.
3. Prices are reversing with double bottom formation and breakouts are sustaining.
4. Buyers have started dominating
5. Good volume support is also present.
6. Momentum will be slow since multiple hurdles are present!
Trade Plan
Entry = CMP
SL = 10%
TP = Minimum double and more based on trailing and holding capacity.
-Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
good positional entry setup avantifeed...good swing may happen1) breakout from a long base then VCP pattern seen
2) respecting previous support area as box marked
3) previous long base and in this VCP seen strong evidence of institutional accumulation/large operator may be (waycoff principle)
4) 4 marked risk managed system with trailing and pyramiding...only full exit made if some unusal happen
5) will comment in future if going according to plan
Avanti Feeds Ltd | Momentum pattern BOAvanti Feeds Ltd | Momentum pattern BO
Avanti Feeds is a leading provider of high quality shrimp feed, best technical support to the farmer and caters to the quality standards of global shrimp customers
Financial :strong
Market Cap = 7,554 Cr. ROCE =18.3 % ROE = 13.4 %
Debt to equity = 0.00 Promoter holding = 43.3 %
Quick ratio = 3.84 Current ratio = 5.52 Piotroski score =8.00
Profit Var 3Yrs = -7.62 % Sales growth 3Years = 7.32 % Return on assets = 11.4 %
this is pure symmetrical triangle pattern break out with large volume.
as well as RSI also shows in full momentum zone .
you should watch this stock for long term.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
Largest Producer of Shrimp feed Stock has given breakoutHello Guy's i hope you all will be doing good in your life and your trading as well, i have brought another stock which has given breakout of triangle pattern and price is sustaining above the breakout zone, stock has given huge volume spike while breakout, it means there is higher probability for upside from here, short term to long term bet can be bet from here. Stock was consolidating in Triangle pattern from long time, finally it has given breakout with huge volume.
Technicals:- MACD AND RSI is showing bullish crossover (I have not put indicators here, but i have done analysis on that)
Price is above 200-DEMA in all major timeframes.
Good spike in volume supporting the breakout
Market Cap
₹ 8,385 Cr.
Current Price
₹ 615
High / Low
₹ 647 / 377
Stock P/E
23.5
Book Value
₹ 174
Dividend Yield
1.02 %
ROCE
21.2 %
ROE
16.0 %
Face Value
₹ 1.00
Industry PE
33.8
Debt
₹ 16.5 Cr.
EPS
₹ 26.2
Promoter holding
43.2 %
Intrinsic Value
₹ 326
Pledged percentage
0.00 %
EVEBITDA
12.9
Change in Prom Hold
-0.03 %
Profit Var 5Yrs
6.55 %
Sales growth 5Years
9.01 %
Return over 5years
11.3 %
Debt to equity
0.01
Net profit
₹ 394 Cr.
ROE 5Yr
16.8 %
Profit growth
33.2 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Thankyou.
Avanti Feeds move after breakout and long consolidation Avanti Feed has been forming the triangle pattern and gave the breakout move in Jan 24 after crossing the levels of 470. Since then it has been in the consolidation phase after its retracement and shows good signs of up move.
With the current momentum I am expecting it close to double. My levels to watch are 668-748-833 and can give even more based on market conditions. Base levels of 435.
No recommendations, just my view based on chart pattern.
AVANTI FEEDS - Swing Trade Analysis - 7th June #stocksAVANTI FEEDS (1D TF) - Swing Trade Analysis given on 7th June, 2024
Pattern: RECTANGLE BOX
- Volume Buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
Please ensure that the pullback to the demand zone gives a nice small SL for a better RR
* Disclaimer
Avanti Feed is ready Blast Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Rectangular Pattern in daily & Weekly TF.
* From Jan 2024 to June 2024 Tested Resistance Many times.
* It's Near resistance Zone and trying to breakout.
* Rise in Volume.
* If Stock break's resistance zone then we can see a move to 670 and if sustain above 670 then we can see a good move, let's see breakout sustain or not.
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature. Don't know how we miss this amazing stock and forget to share this with you all family.
AVANTIFEED review --- 598 from 420, 42% gains in 5 monthsNSE:AVANTIFEED
cmp 561
posted on August 24, 2024, when the price was at 420 with a 30%–40% gain goal in mind.
The 1st target is achieved
The updated target is now 700. So let's capitalize on this trend and see how much more we can profit from
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Avanti feeds following a Triangular Breakout!Avanti feeds saw its all-time high in 2018 and the bullish rally in 2021 was also not able to take it further above its 2018 high! This time after a longer consolidation period, it seems to have come out of its nutshell from the levels of 460 ahead to march up for new rally.
The chart seems similar to that of UTI AMC.
AVANTIFEEDAVANTIFEED:- Head and shoulders pattern formed, wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
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Thanks,
Ajay.
keep learning and keep earning.