Devyani INT Swing Long Setup - Devyani Int is currently trading at 183
- Devyani has the perfect compression setup look expand towards the upside
- Before initiating swings wait for it to retrace back to 177-179 that's a very good area to look for longs and add more and more size
-Invalidation below 171
DEVYANI
Moving Averages + MACD Crossover - DEVYANI📊 Script: DEVYANI
📊 Sector: Quick Service Restaurant
📊 Industry: Hotels
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving Breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 70.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 170
🟢 Target 🎯🏆 - 191
⚠️ Stoploss ☠️🚫 - 160
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Devyani-A risky support bounce trade!Devyani is looking a good candidate for support bounce
Logic:-Stock is trading in channel. The price action is impressive but a confirmation is not still visible.
The stock has delivered poor results and is available at PE multiple of 138x.
Only risky traders should be interested in this.
sapphire foods @ breakout rangestudy then invest
the company looks good
Sapphire Foods has non-exclusive rights to operate restaurants under three of Yum’s brands: KFC, Pizza Hut, and Taco Bell in India, Sri Lanka, and Maldives. As of June 2021, the company owned and operated 209 KFC restaurants in India and Maldives, 239 Pizza Hut restaurants in India, Sri Lanka, and the Maldives, and 2 Taco Bell restaurants in Sri Lanka.
DEVYANI INTERNATIONAL | MID-LONG TERM INVESTMENT STOCKDevyani International looks good to buy at current levels 145 - 140 and add more if get around 130 for the marked targets on the chart.
This is an investment stock to hold for the mid-long term.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Channel pattern breakout in Devyani ?Possible Channel pattern breakout in Devyani.
Stock is at important Supply zone, today we can see a breakout candle which is also supported by decent Volume.
Stock has a potential to reach 250 range
(Channel Breakout pattern)
Stock has to close above 200 (Psychological price level) as well as today's High. If the follow up of candle close above these level, then we can see bullish rally in the coming days.
Stock has made its all time high Today.
187 will the SL for Risk averse and 170 for Risk takers.
Overall analysis is given in the chart
This is just a view, not recommendation to trade. Do your own analysis before taking any trade.
Share your opinion in the comment section.
NSE:DEVYANI
Devyani shows strength Chart -> Devyani Weekly
Devyani was having resistance from a downward resistance channel, and this week it has shown the strength to close above it.
CMP: 179
Good Range: Around 170
Target: 199
SL: 165
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Long DEVYANINSE:DEVYANI
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
watch for trendline breakoutbuy above 168 in intraday and swing(safe above 170 for swing)
for swing keep Stoploss below 155
This stock is not very liquid, for intraday trades so keep stoploss little big and buy less quantity.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
NSE Devyani - Buy This Stock Now! *Read This Report carefully to get an accurate entry level for buyers.*
Devyani International has created an all-time high of 198.90. Price faced supply pressure that bulls couldn't hold their power, and it has started correcting for upcoming impulsive structure. After counting the wave, we can name this correction 4th corrective wave, and the all-time high was impulsive wave 3. We know one basic rule of wave principle, " the ending point of the corrective wave is the starting point of the impulsive wave."
What pieces of evidence do we have for the ending point of a corrective wave?
+ Price retraced back from 61.8% at 142.50 (from the low of 107.55 to the high of 198.99)
+ Wave 4 can occur at the 4th wave of a lower degree. The 4th wave has retraced back from the price territory of wave (4). If Devyani breaks the low of wave (C), it may complete the final move near the price territory of wave (4).
+ Price has already retraced 61.8% of wave 3. Wave C has created a throw-out which suggests the accomplishment of wave (C). But I am not a big fan of deciding without confirmation. Let the market commit first before you commit to the market.
+ Wave (A) = Wave (C). Wave C has retraced 100% of wave A.
The trader can wait for a pullback to generate a new entry. If Devyani breaks wave (C), traders can wait for the gray zone. However, price has to break wave (B) to confirm its bull trend.
Trade Setup
Entry: Pullback
Invalidation: wave 2 can never overlap the starting point of wave 1.
Note: Never trade without confirmation.
Short-term traders can trade for the following targets: 172-180
Positional targets for 5th wave: 187 - 200 - 230+
I will update further information soon.
DEVYANI | Good for Long NSE:DEVYANI
Cmp : 170.95
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
INTRADAY for DEVYANI !!!#WEDNESDAY#
NSE:DEVYANI
Follow @VK2413
BUY
{
TRIGGER PRICE:-156
TARGET:-160-165
SL:-152
};
SELL
{
TRIGGER PRICE:-152
TARGET:-147
SL:-157
}
WHY INTRADAY in DEVYANI ??
{
HISTORY REPEATS IN STOCKMARKET!!
it's at its CRUCIAL level.
either it has to SHOOT UP OR further FALL to its BEST SUPPORT LEVEL(141).
chances are more in favor of SHOOTING UP from current level because of its good revenue...
BUT careful it formed a long legged DOJI !!!
According to my research and knowledge, it's going to boom for Short-Term.
}
Like👍 , Follow @VK2413 ,🙏 Share love ❤️ ;
} HAPPY TRADING;