DEVAYANI INTERNATIONAL#restuarants&cafes
#midcap
#among the top performers in growth score
#franchisee of KFC, pizza hut, costa coffee
#price action
#support&resistance
DEVYANI trade ideas
DEVYANI, Good VolumesENTRY: 175
TARGET: 191
SL: 170
For the safer side, Buy after a Retrace
Positives:
- Good Volume buying on 28 and 29 July.
- Trending above 52 MA.
- Making higher highs.
- Strong support on 175
- RSI above 50.
Negatives:
- Looks in a consolidation phase.
Devyani broke trend line. NSE:DEVYANI broke Trend line. For short term take profit before 200. At 200 it will take reverse or consolidate for some time
Devyani shows strength 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 before taking any action.
Long DEVYANINSE: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 advisor before taking any trade.
DEVYANI INTERNATIONAL LONGDEVYANI has broke its trend line and resistance too
you can go long in it, you could buy it after a retracement after doing your own analysis.\
ONLY FOR EDUCATIONAL PURPOSE..!
DEVYANINSE: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
DEVYANI INTERNATIONAL Broke the upper trendline with good volumes.
Targets expected as of now near 195 - 200 levels.
Enjoy 😇
Views personal.
I Can go wrong.
Not a trading recommendation.
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DEVYANI INTERNATIONALThe chart is self explanatory with logic.
-stock follow a similar pattern in breakout i.e. descending triangle; -taken a support at EMA 200 and retrenched from fib 50%; -breakout after good consolidation and with volume.
Thanks
devyani internation - trendline breakoutstock at trendline resistance with u shape consolidation near resistence breakoing ehich bring buying with upside target of 5-7%
DEVYANINSE: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
DEVYANI | Good for Long | Break OUTNSE:DEVYANI
Cmp : 167.55
Entry : CMP
Stop Loss: According to one's Risk Reward ratio
#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. Contact your financial advisor before taking any action
DEVYANINSE: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
#Devyani #Stockmarket Devyani International Ltd
On daily chart from its ATH stock corrected over last 6 months
Took support multiple times near 142/145 levels
Currently stock trading at its Resistance levels and also its 6 months old trendline zone
Strong chance Stock will break this level and will touch again its ATH levels
Buy above 168/170 levels for minimum targets of 185/195 levels.
Keep SL of 155 on closing basis.
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
Please Like & Follow
watch for trendline breakoutbuy 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 partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Trend line breakout formed in DEVYANI INTERNATIONAL !!! (NSE)On one hour time frame trend line breakout is formed in DEVYANI INTERNATIONAL. We can take long entry in it at 154 with a stop loss of 149 and target of 170. 1:3 R:R is possible easily. Also we may see the formation of cup and handle if small correction happened. In that case we can take entry after breakout at 157-158 with stoploss of low formed during handle formation. Here volume is great at time of breakout and RSI is also above 60 indicates the strength in stock.
NSE:DEVYANI
Devyani International Triangle Pattern breakout downsideTriangle Cahrt pattern in Devyani International
breakout downside
Target on downside 94
35 %
Devyani International LimitedFalling wedge Pattern formation in Scrip ( Devyani International Ltd ) targets and stoploss are mentioned in the chart.
Thanks and happy investing mates 😀
#DEVYANI KEEP IN WATCHLISTlooking favorable risk-reward ratio. overall prices traded near to support range but wait for confirmation.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days as it has formed Flag Wedge pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
