AVANTIFEED trade ideas
Breakout in Avanti Feeds...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.
Avanti Feeds - WeeklyBreakout above Rs 650 with stop loss of Rs 525 on weekly closing basis.
The current week's candle is having strong volumes, it is likely to break in the coming week.
Fundamentally one of the best companies in Aquaculture domain.
Avanti Feeds Ltd - Trendline breakoutAvanti Feeds Ltd - Trendline breakout
StopLoss @ 566
Target 1 @ 728
Target 2 @ 978
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 Cmp 655 dated 5.7.2021Avanti Feeds Cmp 655 dated 5.7.2021
1. H&S pattern BO @ 622
Buy for a tgt of 825 SL 620
It is just a view, pls trade at your own risk.
AVANTIFEEDTechnically it gave us a breakout. Also consolidation can take place in the form of retest or pullback.
Also it can continue rally which is started from April 2021.
770 is a good target which was high of Pre-COVID situation. Also all time high can be possible @ 980.
Buy AvanteeLong in phased manner
Can buy 25% here and 50/25 on deeps--- Historical breakout if closes above today's high
AVANTI FEEDS BO FROM CONSOLIDATIONSELF EXPLANATORY CHART
NOT A RECOMMENDATION TO BUY. DO YOUR OWN ANALYSIS.
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Avanti Feeds Near Symmetrical BONear Symmetrical Pattern BO
Buy Avanti Feeds
Closing Price - 564.85
SL - 400 (WCB)
Target - 1100
avantifeeds : good short term buy ....AVANTIFEEDS : CMP 542
HIGHLIGHTS :
1. buy initiated based on
(a) midpoint support /demand price zone (540 to 530)
(b) symmetrical triangle pattern formation
(c) current price is at compression zone of triangle
(d) expected breakout price on upper trend line of triangle at (593 to 596)
TRADE SETUP :
1. buy up to 532
2. keep stop loss as 488
on closing basis
3.targets : 593/622/
666/712/766+
4. time frame two to three months
HOLD - despite Bearish signal - WATCH OUT FOR YOUR SLAvanti feeds is fundamentally a sound company. The health score is excellent. We might be witnessing a BO anytime. It has tested the 585- 595 range yesterday. A temporary retracement is expected. HOLD if you have the patience.
LEVELS mentioned in chart.
AVANTIFEED Reversing from Long Term 61.8 Retracement 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.
