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...
NSE: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...
share 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
Avanti Feeds Ltd - 06.12.2021
The stock is trading @ 527 levels
There is a MACD Bullish Divergence in weekly Chart
Let the prices go above 543
Watch out for the price action
AVANTIFEED : Reversal can be seen tomorrow
We may see reversal from tomorrow in this stocks....Levels are given in chart.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
AVANTIFEED seems to be reversing from its long term 61.8 retracement zone. The stock has been hovering in the 38.2 and 61.8 zone for almost a year. Looks like a good buy here for eventual target of 750.
Avantifeed is on Support as per its Day Chart one can take Long Position @ 490 with a Stop Loss of 30 Rs & Target of 90 Rs.
Time Frame Will be Around 1-2 Month
ONLY FOR EDUCATIONAL PURPOSE
AVANTI 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.
.
If you like, just hit thumbsup button
or comment and share.
.
Updated on : 13-Aug-2020 9.30pm
Disclaimer: Only for learning purpose.
AVANTI 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...
