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
Avantifeeds
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.
AVANTIFEED - Ichimoku Bullish Breakout Stock Name - Avanti Feeds Limited
Ichimoku 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 500
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Avanti Feeds Near Symmetrical BONear Symmetrical Pattern BO
Buy Avanti Feeds
Closing Price - 564.85
SL - 400 (WCB)
Target - 1100