AVG having Good buying opportunity Price forming trendline if it breaks we can expect a good upside move.
Good buying opportunity with 3 confirmation.
1) 200 EMA
2) Support zone
3) Trendline
Price Action :-)
Learn & Earn.
AVG trade ideas
AVG Logistics Analysis & PredictionAVG Logistics Analysis & Prediction
This is the analysis of AVG Logistics in Daily Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the trendline with volume. If it will sustain above the breakout level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About AVG Logistics :
AVG Logistics Ltd. is a logistics company, which engages in the business of transportation, warehousing, and other value added services. The firm also focuses on the Cold Chain business and the Costal Container business divisions. The company was founded on January 25, 2010 and is headquartered in New Delhi, India.
Buy Call For AVGsymbol AVG
company AVG LOGISTICS LIMITED
type long term & swing trade
price 527
date of entry 21-02-2024
risk market slowdown
AVG logistic above all resistance and daily turn bullishdrawn month week and daily support line
month & week already in bullish then a daily candle turns bullish
may go long.
this strategy originally derived from prof Manish Taneja of IFMC institute(google)
target may vary but SL great in this strategy.
in target level price must get resistance as it's a darvas box forming, but if a long candle with huge volume break this Darvas box then upside mom. may occur
AVG LOGISTICS Chart Analysis - Bullish BreakoutAVG Logistics
Fundamentally decent backed by strong Logistics sector
Technically has given multiple breakouts (Triangle + Inclined Wedge) and given closing above strong support
R 1: 130
R 2: 140
R 3: 155
S/SL : 95
