VERDICT DEVYANI INTERNATIONAL
Getting Ready For Big Move
Consolidating in Triangle and Taking Support
RSI and Indicators Turning Bullish
Keep Watch
Only For Study Purpose
study 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...
If Devyani International Ltd opens above 200 and sustains then it has a high chance of hitting 215 and new reaching new highs.
The level of 180 is acting as strong support once broken can hit 150.
CMP 190
TP1 200
TP2 215
TP3 240
#DEVYANI
Devyani 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
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,...
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...
NSE: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...
NSE:DEVYANI
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
NSE:DEVYANI
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
buy 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...
*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...
NSE:DEVYANI
Cmp : 170.95
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
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....
#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...
