I will buy AVANTIFEED because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 550
Target : 670/690
Stop loss : 520
AVANTIFEED has formed a beautiful flag pattern.
Entry- 636 -40 ( break out of flag on upside)
SL- 612 - Base of the flag
Target - 750-760 - (ENTRY plus length of pole approx )
Please Note-
Do not Enter in Trade directly wait for it to close above the flag.
This is Breakout trade only based on Chart patterns- am not considering the fundamentals of...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AVANTIFEED : Reversal can be seen tomorrow
We may see reversal from tomorrow in this stocks....Levels are given in chart.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Avanti feeds is fundamentally a sound company. The health score is excellent. We might be witnessing a BO anytime. It has tested the 585- 595 range yesterday. A temporary retracement is expected. HOLD if you have the patience.
LEVELS mentioned in chart.
