Devyani - Trendline BreakoutDevyani :
Strong Trendline breakout
currently at 52 week high
Stay long above 228
DEVYANI trade ideas
Devyani International: Attempting all time high breakoutDevyani International is looking good on chart. Stock is attempting all time high breakout. Keep on radar.
Devyani International breakoutdevyani has given channel breakout and previous 52 week high breakout.
Strong 15m Candle closing above Resistance📌Strong 15m Candle closing above Resistance
✅Wait for more confirmation
DEVYANI
+ Breakout attempt in Smaller tf
+ Validated with Good volume
+ Above Key EMAs
Devyani International LONGPrice is close to the support line,Trade can be initiated keeping resistance line as a target
Recently company has announced 20%YOY Growth.
Recommend by MOTILAL OSWAL as well with a target of 220.
SL can be maintained at previous swing low or at support.
Devyani international ltdPlease note this is for education purpose only. Please do own research before you take a trade.
DEVYANI INTERNATIONAL - 25-75% RETURNS!!!BUY - DEVYANI INTERNATIONAL LTD
CMP - Rs. 145
Target - 1: Rs. 164
Target - 2: Rs. 182
Target - 3: Rs. 210
Target - 4: Rs. 257
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Technicals - 1) Bullish Cypher Harmonic Pattern.
2) Targets set using Fibonacci Retracement.
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A bit like Cup and Handle PatternObserving Cup & Handle Pattern . if breakout happens, stock will touch 211 quickly .
Just for Educational Purpose.
#Devyani
Devyani InternationalBuy Devyani International @ 156 Targets 170 + 180 +
Annual net profit growing nearly 90%
Devyani intl= H & S formationThe stock is forming H & S formation on weekly time frame.
if the channel is broken, the fall could be at least till 136 and then 111.
on daily time frame, both RSI & MACD is showing negative divergence.
I am bearish on this stock.
note: i am not SEBI registered and this is my outlook. this is not an invite to trade. please do your due diligence before investing
DEVYANI .....TARGET 238Devyani International ....cup and handle pattern form ....entry above 200.50.....First target 211....second target 235....
Devyani | momentum stock | price recovery from support level The stock recovered from support level in daily time frame and showing momentum for further upside. Price closed above ema 20 with good volume.
Target and Stop Loss marked in chart.
Thanks
-AJ
Disclaimer : The analysis published for educational purpose only.
Devyani about to blastCMP at Breakout. Needs to sustain for further up move. Broke long-standing resistance with good volumes
#Devyani Int Analysis Strong volume build up seen in weekly TF in this stock and near to complete fav pattern round bottom, follow chart for proper support and resistance levels.
[MID-LONG TERM INVESTMENT] DEVYANI INTERNATIONA LOOKS GOODDevyani International runs popular food chain Yum Foods in India which owns KFC, PizzaHut and may more other well known brands, fundamentally company is strong and near major support levels of 148 - 140.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Sell: Seller are StrongPrice action is showing the supply zone.
Sellers are strong, you can notice strong selling in the last two rallies.
You can sell after reversal from the Fibonacci level (0.5,0.6) as the stock is above the weekly pivot.
Devyani sharp fall ....Stock trading below 50, 20 EMA
RSI below 40
sharp fall expected once it breaks Support 1
wait for any reversal before entry
Devyani Nice VCP pattern, with contraction to the right. It has also made a squat to remove the weak hands...We ll see how it performs now.
DEVYANI INTERNATIONAL - DAY CHART - 12.12.2022 - BAHAVAN CAPITALDEVYANI INTERNATIONAL as per Day Chart Analysis have chances to move uptrend Stock ABOVE 191 TARGET 194.
As such Nifty is in Downtrend Mode up to 18325 to create fresh demand and Bank Nifty is in Uptrend Mode.
So trade carefully for this week.
Happy Profitable Trading to All...
Buy after reversalBuy only if the stock goes first to test the resistance at least @185
Entry: 191
Target 1: 196
Target 2: 204
Target 3: 220
PRO:
- Strong support @183
- Stock looks in a consolidation phase.
CONS:
- In Downtrend
- No Higher Highs
DEVYANI INTERNATIONAL - DAY CHART - 15.11.2022 - BAHAVAN CAPITALDEVYANI INTERNATIONAL as per day chart analysis Stock ABOVE 184 TARGET 189.
Happy Profitable Trading to All...
Here the learning for a breakout entryAlways wait for the breakout happened with the pullback inside the pattern (GREEN arrow) and when it happens with the straight impulse wave( RED arrow) it doesn't mean you don't have to take position , yes it will go up (as usual with stoploss) , but you see here most of the time, it get pulled back and you may in time loss (most important) . That YELLOW marked area is the FIB retracement area (0.5 to 0.618).
