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!
Avantifeedsbuy
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 Swing OpportunityNSE:AVANTIFEED
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
avanti feeds ltdshare name : Avanti feeds ltd
call type : positional
- After giving a good move 412-675 share is consolidating on retracement of .618
- share is consolidating in a range (525-591)
- 591 - acting as a huge resistance
- if a breakout comes, we can accumulate this
share above 591 for the target of 675 .770 with sl of 550
Thanks
AVANTIFEED : Reversal can be seen tomorrowAVANTIFEED : 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 Near Symmetrical BONear Symmetrical Pattern BO
Buy Avanti Feeds
Closing Price - 564.85
SL - 400 (WCB)
Target - 1100
AVANTI FEEDS, Follow the trendAVANTI FEEDS
Follow the trend
We may see the level of 530 in the short term.
On breakout trendline, we may see the level of 560.
Support is around 486.
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Updated on : 13-Aug-2020 9.30pm
Disclaimer: Only for learning purpose.
AVANTIFEED - Accumulation ZoneAVANTI FEEDS - is one of the major players in Shrimp exports - current headwinds are temporary for the stock and makes a candidate of long-term wealth creation
current price i.e. 283 is a great bargain price where one can own this company - further considering its volatility it can test its recent low of 250 and slippage below that opens door to 215-209-201 levels - further slippage below those level seems to be a difficult situation
NOTE : One should consult their financial advisor before making any decision to buy or sell equities