ADFFOODS trade ideas
ADF Foods Triangle pattern breakout possible . Stock is in consolidation zone from long time. Study Purpose
Trendline with SupportVery good support seen near 800-760
CMP 865
accumulation sen upto 822 with 760 support
near price to reach 960,1026,1178
Disclaimer-
Charts are posted only for Educational Learning and for Technical Experience.
This Channel does not provide directly and indirectly any buy/sell/hold recommendation.
Consult your Investment advisor to take any trade
I am not a SEBI Registered Research Analyst or Investment Adviser.
ADF Foods Ltd - 31.12.2021ADF Foods Ltd - 31.12.2021
The stock is trading @ 807 levels
The prices are at EMA
There is MACD Bullish Divergence in weekly chart
The prices are at Support
watch out for the price action
ADF Foods, A Potential Long Candidate!Inverted H&S pattern with a huge Pinbar in the right shoulder and increased volumes with a bullish RSI. A trendline BO is also complete. Moreover, RR ratio is also in favour, fulfilling one aspect of money management others include, position sizing, risk managing etc.
Buy Price- 986
TG-1255
SL-870
ADF Food Cmp 958 dated 27.7.2021ADF Food Cmp 958 dated 27.7.2021
1. Triangle BO @ 935.
2. High Volumes.
3. Debt free Company.
Buy for a tgt of 1000-1040-1090 SL 900
It is just a view, pls trade at your own risk.
ADFFOODS
All charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
#Adffoods cash : Positional long above 952.10#Adf foods Ltd cash -Positional
26.07.2021
Looks good above 952.10
Stoploss 900
Target 1040/1100
Cmp 932.55
ADF FOODS - FLAP AND POLE CAN BREAKOUTADF FOODS SEEMS LIKE A BREAKOUT OF FLAG AND POLE INCOMING.RSI SHOWING REVERSAL FROM ~50 AS IT HAS DONE BEFORE. NEXT CANDLE CRUCIAL. EXCELLENT STOCK WITH 450% RETURNS IN LAST ONE YEAR.
ADF FOODS LONGCAN GO LONG WITH ADF FOODS ..
W PATTERN AT 944.75
DOUBLE BOOTOM
SUPPORT AT 834
RESISTANCE AT 944.75
ADFFOODSThis stock is been in bullish trend since Nov 2020. And retraced in last few sessions now it Pulled back after taking approx support of 30 SMA and closed above 15 SMA which shows a bullish momentum is to be continued. Buy above 901, SL 873, Target 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
ADF Foods -Should you buy it?Bullish Divergence Spotted
Stock P/E 26.4 vs Industry P/E 39.4
Dividend Yield 0.47 %
ROCE 28.4 % vs ROCE3yr avg 23.6%
ROE 22.9 % vs ROE 5Yr 12.7 %
Face Value ₹ 10
OPM 17.6 % vs OPM 5Year 11.7 %
Free Float Mkt Cap ₹ 875 Cr.
Pledged percentage 0.00 %
Debt to equity 0.06
Promoter holding 31.4 % but FII added 10% in Dec2020 Quarter.
Swing Trade Idea #230 : Long on ADFFOODSThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
